Support & Resistance for EURGBP

R5 0.7875 2015 high
R4 0.7830 13 Jan 2015 high
R3 0.7800 figure, Nov 2014 low
R2 0.7766 * Sep 2014 low
R1 0.7700 figure
S1 0.7617 21 Jan low
S2 0.7583 * 19 Jan low
S3 0.7555 11 Jan high
S4 0.7500 * figure
S5 0.7443 * 11 Jan low

Rotating lower from the 0.7745/66 resistance to reach 0.7617 low. Below this will see scope to the 0.7600 level then the 0.7583 support and where break will swing focus lower to correct the strong up-leg seen in the new year to the 0.7500 level. Resistance now at the 0.7700 level then 0.7745/66 area.

How to trade support & resistance levels

SUPPORT & RESISTANCE FOR EUR/GBP (SIGNAL)

For today

R4 - 0.7154 / R3 - 0.7128 / R2 - 0.7115 / R1 - 0.7080

SPOT 0.7022

S1 - 0.6983 / S2 - 0.6951 / S3 - 0.6936 / S4 - 0.6894   

SELL AT 0.7065 FOR 0.6936; STOP AT 0.7115

How to trade support & resistance levels