Tanalys

EUR/GBP Intraday: bullish bias above 0.729.

Pivot: 0.729

Our preference: Long positions above 0.729 with targets @ 0.736 0.7385 in extension.

Alternative scenario: Below 0.729 look for further downside with 0.7264 0.7225 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.7405 ***

0.7385 ***

0.736 **

0.7307 Last

0.729 ***

0.7264 ***

0.7225 **

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