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- RES 3: 0.7210 (Jun 22nd high)
- RES 3: 0.7195(200 day HMA)
- RES 2 : 0.7153 (55 4H EMA)
- RES 1: 0.7115 (7 day 4H EMA)
PRICE: 0.7119 @ 11:55 GMT
- SUP 1: 0.7115
- SUP 2: 0.7050 (May 26th low)
- SUP 3: 0.700
- SUP4 : 0.6926 (138.2 % retracement of 0.7054 and 0.73879)
EUR/GBP has broken recovered after making a low of 0.7084. Overall trend is weak as long as resistance 0.7195 holds.
The pair's minor support is around 0.7050 and break below will drag the pair further down till 0.7000/0.6930.
It is good to sell on rallies around 0.7140 with stop around 0.7195 for the target of 0.7050/0.7000.
