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EUR/GBP intraday: the upside prevails as long as 0.8539 is support
2024-04-30
1119
Our pivot point stands at 0.8539.
Our preference: the upside prevails as long as 0.8539 is support.
Alternative scenario: the downside breakout of 0.8539 would call for 0.8527 and 0.8520.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8537 and 0.8538).
Supports and resistances:
0.8587 **
0.8580 *
0.8573 **
0.8566
0.8550 last
0.8543
0.8539 **
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