Tanalys

EUR/GBP Intraday: bullish bias above 0.832.

Pivot: 0.832

Our preference: Long positions above 0.832 with targets @ 0.838 0.84 in extension.

Alternative scenario: Below 0.832 look for further downside with 0.83 0.826 as targets.

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

Supports and resistances:

0.8415

0.84

0.838

0.8359 Last

0.832

0.83

0.826

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