Tanalys

EUR/GBP Intraday: key resistance at 0.705.

Pivot: 0.705

Our preference: Short positions below 0.705 with targets @ 0.7 0.698 in extension.

Alternative scenario: Above 0.705 look for further upside with 0.708 0.71 as targets.

Comment: As long as 0.705 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.71 ***

0.708 ***

0.705 ***

0.7031 Last

0.7 ***

0.698 **

0.6965 ***

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