Tanalys

EUR/GBP Intraday: key resistance at 0.7835.

Pivot: 0.7835

Our preference: Short positions below 0.7835 with targets @ 0.7795 0.778 in extension.

Alternative scenario: Above 0.7835 look for further upside with 0.7865 0.7885 as targets.

Comment: As long as 0.7835 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.7885

0.7865

0.7835

0.782 Last

0.7795

0.778

0.7765

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