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EURGBP Weekly Technical Analysis (23-27 March,2015) | March 22, 2015



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Eurgbp has rejected from near term resistance level. 0.7290 level is near term resistance area for this pair. This resistance level will be key level for this pair. If this pair holds this level, then we can see bearish rally again on it. On h4 chart, this pair is below 200 ema. This ema is staying just above this resistance level at 0.7300 area. So we can go for sell from that level. If we can see breakout of this level, then we can go for buy on eurgbp.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7396

Resistance One (R1): 0.7313

Pivot Point: 0.7208

Support One (S1): 0.7125

Support Two (S2): 0.7020


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