Pair broke above previous resistance of 1.1300 but got rejected at 1.1400. Daily chart made first LL and now price is consolidating just above significant level of 1.1000. Price created nice level just above 1.1000 and I am interested in exploiting any breakdown of this level. There is no major support until 1.0900 level.
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...
