Tanalys

EUR/GBP MT: key resistance at 0.846.

Pivot: 0.846

Our preference: Short positions below 0.846 with targets @ 0.815 0.803 in extension.

Alternative scenario: Above 0.846 look for further upside with 0.864 0.877 as targets.

Comment: The pair remains capped by a declining trend line and is breaking below its support.

Supports and resistances:

0.877

0.864

0.846

0.8191 Last

0.815

0.803

0.795

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