EUR/GBP has broken major resistance 0.7871 and is trading well above that level. Short term trend is bullish as long as 0.7838 holds.
On the upper side break above will take the pair to 0.7925/0.795.
The pair 's minor support -0.7838. Any indicative break below would extend loss to 0.780/0.776.
Recommendation: Buy EUR/GBP around 0.7865, SL 0.7838, Targets 0.7925/0.7948.
On the upper side break above will take the pair to 0.7925/0.795.
The pair 's minor support -0.7838. Any indicative break below would extend loss to 0.780/0.776.
Recommendation: Buy EUR/GBP around 0.7865, SL 0.7838, Targets 0.7925/0.7948.
