Tanalys

EUR/GBP Intraday: bullish bias above 0.731.

Pivot: 0.731

Our preference: Long positions above 0.731 with targets @ 0.739 0.742 in extension.

Alternative scenario: Below 0.731 look for further downside with 0.7285 0.726 as targets.

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

Supports and resistances:

0.745

0.742

0.739

0.7334 Last

0.731

0.7285

0.726

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