EUR/GBP intraday: as long as 0.8751 is support look for 0.8803

EUR/GBP intraday: as long as 0.8751 is support look for 0.8803
Our pivot point stands at 0.8751.

Our preference: as long as 0.8751 is support look for 0.8803.

Alternative scenario: below 0.8751, expect 0.8731 and 0.8719.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 MA (0.8767) but above its 50 MA (0.8765).

 

 

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