Tanalys

EUR/GBP intraday: the downside prevails.

Pivot: 0.859

Our preference: Short positions below 0.859 with targets @ 0.852 0.85 in extension.

Alternative scenario: Above 0.859 look for further upside with 0.8635 0.866 as targets.

Comment: the RSI is bearish and calls for further downside.

Key levels

0.866

0.8635

0.859

0.85506 last

0.852

0.85

0.8485

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