EURGBP Weekly Technical Analysis (4-8 May, 2015) | May 2, 2015

Eurgbp has got back bullish momentum last week. It hold its support area and then pulled back with strong bullish momentum. Now this pair is looking towards next resistance area. With some retrace we can go for buy on this pair. On weekly chart, we can see bug bullish candle which indicates its bullish power. Daily candle is also suggesting to go for buy on eurgbp. Next target can be 0.7445 area.


Signal Service: Premium Membership (Signal Subscription), real time update, opening and closing notifications via twitter, email and whatsApp, daily market update with chart analysis, free profitable forex strategy. For premium membership subscription click here

For free forex signals, click here



Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7599

Resistance One (R1): 0.7493

Pivot Point: 0.7312

Support One (S1): 0.7206

Support Two (S2): 0.7025