FxWirePro
Short

EUR/GBP Short term Outlook

FX:EURGBP   Euro Fx/British Pound
98 0 0
EUR/GBP             is trading near major support 0.7830 and any break of will take the pair to 0.7800/0.7750 in short term. Overall trend is bearish as long as resistance 0.7870 holds.
On the upside break of 0.7870 would extend gain to 0.79252/0.7957 in short term.

Indicators (1 Hour chart)
CCI (50) – Sell
CCI (14) – Sell
Ichimoku- Sell

Recommendation: Sell EUR/GBP             around 0.7840, SL 0.7871, targets 0.7800/0.7755
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