The EUR/GBP pair has been trending upwards since Wednsday, the 2nd of March 2016, with the buyers leading the price from as low as 0.7693 to as high as 0.7792.
Today, the pair price rose from 0.7718 up to 0.7792. In the event that the bears to overweigh bulls and manage to push the price below 0.7753, the price could find support at 0.7730 and 0.7715 respectively.
On the flip side, in the scenario where the buyers keep pushing the pair price up and the price breaks above 0.7810, profit targets could be set at 0.7838 and 0.7853 in extension.
Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.