Tanalys

EUR/GBP intraday: turning down.

Pivot: 0.856

Our preference: Short positions below 0.856 with targets @ 0.851 0.849 in extension.

Alternative scenario: Above 0.856 look for further upside with 0.858 0.86 as targets.

Comment: the pair is breaking below its support and should face further weakness as the RSI is badly directed.

Key levels

0.86

0.858

0.856

0.85255 last

0.851

0.849

0.847

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