Tanalys

EUR/GBP MT: rebound.

Pivot: 0.8400

Our Preference: LONG above 0.84 with targets @ 0.8590 0.87.

Alternative Scenario: Below 0.84 aim @ 0.8340.

Comment: the pair is rebounding on its support and should post further advance.

Trend: ST Ltd Downside; MT Range, we have been bullish since 19 DEC 2012 (0.8157).

Key levels Comment

0.8830 *** Horizontal resistance

0.8700 ** Horizontal resistance

0.8590 *** Horizontal resistance

0.8489 Last

0.8400*** MT pivot point

0.8340** Horizontal support

0.8225*** Horizontal support

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