EUR/GBP Intraday: Technical Rebound Towards 0.9046 Before a New Drop

EUR/GBP intraday: technical rebound towards 0.9046 before a new drop
Our pivot point stands at 0.9046.

Our preference: technical rebound towards 0.9046 before a new drop.

Alternative scenario: above 0.9046, look for 0.9067 and 0.9079.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above its 20 MA (0.9026) but under its 50 MA (0.9031).

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