EUR/GBP intraday: the upside prevails as long as 0.8712 is support
0.8712 is our pivot point.
Our preference: the upside prevails as long as 0.8712 is support.
Alternative scenario: the downside breakout of 0.8712 would call for 0.8699 and 0.8691.
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 0.8721 and 0.8716).
Supports and resistances:
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