Tanalys

EUR/GBP intraday: turning up.

Pivot: 0.858

Our preference: Long positions above 0.858 with targets @ 0.8645 0.8675 in extension.

Alternative scenario: Below 0.858 look for further downside with 0.8555 0.8525 as targets.

Comment: a support base at 0.858 has formed and has allowed for a temporary stabilisation.

Key levels

0.871

0.8675

0.8645

0.8613 last

0.858

0.8555

0.8525

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