Tanalys

EUR/GBP MT: key resistance at 0.851.

Pivot: 0.851

Our preference: Short positions below 0.851 with targets @ 0.822 0.815 in extension.

Alternative scenario: Above 0.851 look for further upside with 0.864 0.877 as targets.

Comment: The pair stands below its resistance and remains capped by a declining trend line.

Supports and resistances:

0.877

0.864

0.851

0.8395 Last

0.822

0.815

0.803

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