EUR/GBP breaks major support 0.7000, targets 0.6725
EUR/GBP has broken major support 0.7000 and declined till 0.6987. Overall trend is weak as long as resistance 0.7110 holds.
Any break above 0.7110 will take the pair to next target 0.7197/0.7240 in short term.
The minor support is around 0.6980 and break below will target 0.6723 (161.8% retracement of 0.7013 and 0.74820).
It is good to sell around 0.7000 with SL of 0.7110 for the TP of 0.6725
Any break above 0.7110 will take the pair to next target 0.7197/0.7240 in short term.
The minor support is around 0.6980 and break below will target 0.6723 (161.8% retracement of 0.7013 and 0.74820).
It is good to sell around 0.7000 with SL of 0.7110 for the TP of 0.6725