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EUR/GBP First Resistance At .7750

Published 03/10/2016, 02:25 AM
Updated 07/09/2023, 06:31 AM

EUR/GBP Chart

EUR/GBP first resistance at 7750/55, but above here re-targets important trend line resistance at 7780/85 for a selling opportunity with stops above 7795. A break higher however targets 7800/05, then minor resistance at 7828/30.

Failure to beat first resistance at 7750/55 targets 7725/21, then important support at 7700/7690 which could hold the downside again today. A break lower however is a sell signal, and targets 7665/60 then 7650/45 and minor support at 7620/15.

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