Tanalys

EUR/GBP Intraday: consolidation in place.

Pivot: 0.8175

Our preference: Short positions below 0.8175 with targets @ 0.8125 0.8115 in extension.

Alternative scenario: Above 0.8175 look for further upside with 0.819 0.821 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. The pair stands below its resistance.

Supports and resistances:

0.821

0.819

0.8175

0.8147 Last

0.8125

0.8115

0.81

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