EUR/GBP intraday: the upside prevails as long as 0.8695 is support
Our pivot point stands at 0.8695.
Our preference: the upside prevails as long as 0.8695 is support.
Alternative scenario: the downside breakout of 0.8695 would call for 0.8682 and 0.8674.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8703 and 0.8705).
Supports and resistances:
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