EUR/GBP ST: the upside prevails as long as 0.8610 is support
Our pivot point stands at 0.8610.
Our preference: the upside prevails as long as 0.8610 is support.
Alternative scenario: below 0.8610, expect 0.8518 and 0.8464.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.8663 and 0.8618).
Supports and resistances:
0.8987 **
0.8932 *
0.8877 **
0.8822
0.8683 last
0.8647
0.8610 **
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