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EURGBP Weekly Technical Analysis 25-29 January, 2016 | January 24, 2016



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Eurgbp has found resistance level at last. 0.7730 level is the resistance from where this pair has rejected. This pair tried to break this resistance but failed to break that area. So it started to fall. Now this pair got bearish momentum.


0.7590 level can be near term resistance for this pair. Now this pair is staying below this level. So we can stay on sell mode on this pair below this level.So if we find any bearish candle confirmation from h4 or h1 time frame, then we need to go for sell on this pair


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