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Long

EUR/GBP breaks short term trend line resistance ,targets 0.7125

FX:EURGBP   Euro Fx/British Pound
213 1 5
EUR/GBP             has broken short term trend line resistance around 0.7020 which confirms short term bullishness , jump till 0.7125 cannot be ruled out .

It has made a high of 0.7055 and is currently trading at 0.7045. Overall trend is still bullish as long as support 0.6980 holds.

The pair’s major resistance is around 0.7050 and break above will extend gain till 0.7090/0.7125.

It is good to buy at dips around 0.7020 with stop around 0.6980 for the TP of 0.7090/0.7125.
Do think its going to dip to 0.7020 ?
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