Tanalys

EUR/GBP Intraday: key resistance at 0.7035.

Pivot: 0.7035

Our preference: Short positions below 0.7035 with targets @ 0.6985 0.696 in extension.

Alternative scenario: Above 0.7035 look for further upside with 0.7055 0.7075 as targets.

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

Supports and resistances:

0.7075

0.7055

0.7035

0.7012 Last

0.6985

0.696

0.6945

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