EUR/GBP intraday: as long as 0.8392 is support look for 0.8428
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Our pivot point stands at 0.8392.
Our preference: as long as 0.8392 is support look for 0.8428.
Alternative scenario: the downside breakout of 0.8392 would call for 0.8379 and 0.8372.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (0.8404) but above its 50 period moving average (0.8399).
Supports and resistances:
0.8443 **
0.8435 *
0.8428 **
0.8420
0.8403 last
0.8397
0.8392 **
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