Tanalys

EUR/GBP Intraday: intraday support around 0.711.

Pivot: 0.711

Our preference: Long positions above 0.711 with targets @ 0.716 0.718 in extension.

Alternative scenario: Below 0.711 look for further downside with 0.7095 0.708 as targets.

Comment: A support base at 0.711 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.721

0.718

0.716

0.7124 Last

0.711

0.7095

0.708

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