As the clock ticks down to conclusion of talks on Greece, EURGBP
may give us a nice trading opportunity. Pair bounced from long term support of 0.70 level and bounced second time after making a double bottom
. Strength of second bounce is apparent with strong bull
candles on the daily chart
. Price was rejected and created a resistance level
around 0.7200 - 0.7220 zone. If market breaks out this with momentum, I am looking to exploit this opportunity to get long. There are some speed bumps on the way but first major resistance is at 0.7380.