Tanalys

EUR/GBP Intraday: bullish bias above 0.742.

Pivot: 0.742

Our preference: long positions above 0.742 with targets @ 0.7495 0.752 in extension.

Alternative scenario: below 0.742 look for further downside with 0.738 0.735 as targets.

Comment: a support base at 0.742 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.754 **

0.752 **

0.7495 ***

0.745 Last

0.742 ***

0.738 ***

0.735 ***

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