Tanalys

EUR/GBP Intraday: key resistance at 0.712.

Pivot: 0.712

Our preference: Short positions below 0.712 with targets @ 0.7 0.6975 in extension.

Alternative scenario: Above 0.712 look for further upside with 0.715 0.7195 as targets.

Comment: As long as 0.712 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.7195 ***

0.715 ***

0.712 ***

0.7062 Last

0.7 *

0.6975 *

0.694 *

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