EUR/GBP intraday BUY
0.8345 is our pivot point.
Our preference:
as long as 0.8345 is support look for 0.8412.
Alternative scenario:
below 0.8345, expect 0.8321 and 0.8307.
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 above its 20 and 50 MAs (respectively at 0.8361 and 0.8335).
Our preference:
as long as 0.8345 is support look for 0.8412.
Alternative scenario:
below 0.8345, expect 0.8321 and 0.8307.
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 above its 20 and 50 MAs (respectively at 0.8361 and 0.8335).
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