Tanalys

EUR/GBP Intraday: bullish bias above 0.793.

Pivot: 0.793

Our preference: Long positions above 0.793 with targets @ 0.797 0.7995 in extension.

Alternative scenario: Below 0.793 look for further downside with 0.791 0.7885 as targets.

Comment: A support base at 0.793 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.801

0.7995

0.797

0.7948 Last

0.793

0.791

0.7885

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