EURGBP Weekly Technical Analysis (22-26 June, 2015) | June 21, 2015

Eurgbp is facing support at 0.7120 level. We can look for buy entry from this level. It will be good zone for starting buy. But if it can break then this pair can fall more. We need candle confirmation for taking buy entry from this level. If we find buy sign then we can target 0.7200 level. On the other hand, daily chart giving sell idea on this pair. So with some retrace we can sell on this pair.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7298

Resistance One (R1): 0.7221

Pivot Point: 0.7173

Support One (S1): 0.7096

Support Two (S2): 0.7048