Tanalys

EUR/GBP MT: turning up.

Pivot: 0.815

Our preference: Long positions above 0.815 with targets @ 0.846 0.858 in extension.

Alternative scenario: Below 0.815 look for further downside with 0.803 0.795 as targets.

Comment: the RSI broke above a bearish trend line. The pair has pushed above a key declining trend line turning the outlook bullish.

Supports and resistances:

0.864

0.858

0.846

0.8368 Last

0.815

0.803

0.795

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version