EUR/GBP trades above trend line resistance , targets 0.7200

EUR/GBP has broken trend line resistance and trading slightly above that level. Intra day trend is bullish as long as support 0.7060 holds.

Any break below 0.7060 will drag the pair further down till 0.7010/0.6980.

The pair's major resistance is around 0.7100 and break above would extend gains till 0.7160/0.7220.

Bullish invalidation only below 0.7000 level.

It is good to buy around 0.7090-95 with SL around 0.7060 for the TP of 0.7160/0.7220.