- RES 4 : 0.7480
- RES 3: 0.7420 (Aug 24th high)
- RES 2: 0.7380
- RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250)
PRICE: 0.7320@ 11:47 GMT
- SUP 1: 0.7250
- SUP 2: 0.7210 (Cloud bottom)
- SUP 3: 0.7150 (200 day HMA)
- SUP 4 : 0.7125 (61.8% retracement of 0.6950 and 0.7420)
EUR/GBP has recovered after making a high of 0.7250.
Overall trend is bullish as long as support 0.7250 holds.
On the higher side minor resistance is around 0.7350 and any break above would extend gains till 0.7390/0.7420.
It is good to buy at dips around 0.7300 with SL around 0.7250 for the TP of 0.7420.
