EUR/GBP shot higher again overnight as I write to beat minor resistance at 7375/78 and should now target minor resistance at 7392/95. If we continue higher, look for 7406/09 then important double top highs at 7416/18. We should be overbought short term so watch for a high for the day. Shorts need stops above 7425. Be ready to buy a break higher however to target 7437/42.
First support at 7378/75 of course but below here risks a slide to good support at 7355/50. Try longs with stops below 7340. If we continue lower, look for a buying opportunity at 7319/15. Longs need stops below 7300.