Tanalys

EUR/GBP Intraday: key resistance at 0.722.

Pivot: 0.722

Our preference: Short positions below 0.722 with targets @ 0.7175 0.714 in extension.

Alternative scenario: Above 0.722 look for further upside with 0.725 0.729 as targets.

Comment: As long as 0.722 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.729

0.725

0.722

0.7199 Last

0.7175

0.714

0.7115

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