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EUR/GBP intraday: as long as 0.8569 is support look for 0.8598
2024-03-26
425
Our pivot point stands at 0.8569.
Our preference: as long as 0.8569 is support look for 0.8598.
Alternative scenario: below 0.8569, expect 0.8558 and 0.8552.
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 period moving average (0.8579) but above its 50 period moving average (0.8577).
Supports and resistances:
0.8610 **
0.8604 *
0.8598 **
0.8591
0.8578 last
0.8573
0.8569 **
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