- RES 4:0.7520
- RES 3: 0.7480 (May 5th 2015)
- RES 2: 0.7450 (Oct 2nd 2015)
- RES 1: 0.7420
PRICE: 0.7410 @ 10:50 GMT
- SUP 1: 0.7370 ( 20 day 4 HMA)
- SUP 2: 0.7330 (200 day 4 HMA)
- SUP 3: 0.7300 (Sep 25th 2015)
- SUP 2: 0.7240
EUR/GBP has made a high of 0.74296 yesterday and closed at 0.7405. It is currently trading at 0.7411.
Intraday trend is bullish as long as support 0.7370 holds.
Any break below 0.7370 will target 0.7330/0.7300
On the higher side minor resistance is around 0.7450 and any break above would extend gains till 0.7480/0.7505.
It is good to buy at dips around 0.7370 with SL around 0.7325 for the TP of 0.7450/0.7480
The material has been provided by InstaForex Company – www.instaforex.com