EUR/GBP found resistance at 0.9138 which wasn't a big surprise. It should just be a matter of time before this resistance is broken and EUR/GBP will be able to edge higher towards 0.9322 and 0.9500 as the next targets.
Support is seen in the 0.9053 - 0.9069 area. The pair may rally higher through resistance at 0.9138 to 0.9322.
R3: 0.9154
R2: 0 9138
R1: 0.9105
Pivot: 0.9085
S1: 0.9069
S2: 0.9053
S3: 0.9044
Trading recommendation:
We are long EUR from 0.8646 with our stop placed at 0.9000
The material has been provided by InstaForex Company - www.instaforex.com