Support & Resistance for EURGBP

R5 0.7875 2015 high

R4 0.7830 13 Jan 2015 high

R3 0.7800 figure, Nov 2014 low

R2 0.7766 * Sep 2014 low

R1 0.7700 figure

S1 0.7617 21 Jan low

S2 0.7583 * 19 Jan low

S3 0.7555 11 Jan high

S4 0.7500 * figure

S5 0.7443 * 11 Jan low

Rotating lower from the 0.7745/66 resistance to reach 0.7617 low. Below this will see scope to the 0.7600 level then the 0.7583 support and where break will swing focus lower to correct the strong up-leg seen in the new year to the 0.7500 level. Resistance now at the 0.7700 level then 0.7745/66 area.

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