EURGBP Bullish trend

                                                   Pivot Points

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1062	1.1096	1.1151	1.1185	1.1240	1.1274	1.1329
GBP/USD	1.5279	1.5313	1.5341	1.5375	1.5403	1.5437	1.5465
USD/JPY	118.34	119.06	119.78	120.50	121.22	121.94	122.66
USD/CHF	0.9583	0.9647	0.9698	0.9762	0.9813	0.9877	0.9928
AUD/USD	0.6915	0.6958	0.6988	0.7031	0.7061	0.7104	0.7134
EUR/GBP	0.7191	0.7214	0.7253	0.7276	0.7315	0.7338	0.7377
USD/CAD	1.3073	1.3112	1.3184	1.3223	1.3295	1.3334	1.3406
NZD/USD	0.6239	0.6286	0.6342	0.6389	0.6445	0.6492	0.6548

EURGBP- The secondary trend of EURGBP is sideways on charts. In its hourly chart, the pair is forming a falling channel indicating to trade upside further. It is consolidating with strong positive bias and is likely to give break out at upside. Its 30 DMA is also supporting the upcoming bullish trend in the pair. It is facing an important resistance at the level of 0.7330. If it breaks its resistance level of 0.7330 at upside and sustains above it then we can expect it to show further upside movement.

INDICATORS:-

RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.

MACD is also sustaining in buying territory indicating the upcoming bullish trend in the pair.

STRATEGY: EURGBP is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.