Tanalys

EUR/GBP ST: capped by a negative trend line.

Pivot: 0.7225

Our preference: Short positions below 0.7225 with targets @ 0.687 0.667 in extension.

Alternative scenario: Above 0.7225 look for further upside with 0.739 0.76 as targets.

Comment: The RSI is badly directed.

Supports and resistances:

0.76 **

0.739 **

0.7225 ***

0.6964 Last

0.687 ***

0.667 *

0.653 **

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