Looking For A Break Higher

• RES 4: 0.9264 2.0% 10-dma envelope
• RES 3: 0.9184 61.8% Fibonacci retracement of the Mar - Apr decline
• RES 2: 0.9176 High Jun 29 and the bull trigger
• RES 1: 0.9148 Intraday high
• PRICE: 0.9126 @ 10:33 BST Jul 27
• SUP 1: 0.9049 20-Day EMA
• SUP 2: 0.9001 Low Jul 21 and key near-term support
• SUP 3: 0.8991 50-day EMA
• SUP 4: 0.8938 Low Jul 10 and the key near-term support

EURGBP found support Jul 21 and has defined a S/T base at 0.9001
The outlook remains bullish. Recent Japanese candle patterns highlighted
a reversal. Activity Jun 13, was a bullish engulfing and followed a doji
candle on Jun 10. Together they signalled a reversal off 0.8938, Jun 10 low.
The focus is on 0.9145, Jun 30 high and 0.9176, Jun 29 high. A break of
0.9001 would concern bulls.