EURGBP- Vulnerable, Loses Upside Momentum
EURGBP- With EURGBP seen struggling at higher level prices, it faces the risk of a move lower if failed to surpass its intra day high at 0.7383 level. On the downside, support lies at the 0.7300 level where a break will expose the 0.7250 level. Further down, support comes in at the 0.7200 level where a violation will turn attention to the 0.7150 level. On the upside, resistance lies at the 0.7300 level where a violation if seen will turn focus to the 0.7350 level. On further upside, a breach of the 0.7400 level will set the stage for a run at the 0.7450 level. All in all, risk points higher on more strength but with caution.
