$EURGBP Is Bullish On Charts

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SUMMARY : 
The primary trend of EUR/GBP is bullish but from the past few trading sessions, prices are no more sustaining at higher levels & looking weak for the upcoming sessions. The pair is taking support of rising trend line and consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 0.7330. Today if the pair breaks its support level & managed to sustain below it, then we can expect it to test the level of  0.7280/0.7240 in today's session.

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EUR/GBP ( Hourly )

CHARTS

INDICATORS:
MACD line is also sustaining below the zero line, indicating the bearish trend in the pair.

STRATEGY : 
EUR/GBP  is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.


PIVOT POINTS :

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.0747	1.0828	1.0876	1.0957	1.1005	1.1086	1.1134
GBP/USD	1.4721	1.4794	1.4837	1.4910	1.4953	1.5026	1.5069
USD/JPY	118.05	118.41	118.97	119.33	119.89	120.25	120.81
USD/CHF	0.9403	0.9448	0.9517	0.9562	0.9631	0.9676	0.9745
AUD/USD	0.7463	0.7520	0.7555	0.7612	0.7647	0.7704	0.7739
EUR/GBP	0.7271	0.7301	0.7321	0.7351	0.7371	0.7401	0.7421
USD/CAD	1.2365	1.2399	1.2439	1.2473	1.2513	1.2547	1.2587
NZD/USD	0.7385	0.7449	0.7495	0.7559	0.7605	0.7669	0.7715

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