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EUR/GBP intraday: rebound towards 0.8681
2023-10-05
355
Our pivot point stands at 0.8644.
Our preference: rebound towards 0.8681.
Alternative scenario: below 0.8644, expect 0.8630 and 0.8622.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (0.8655) but under its 50 period moving average (0.8659).
Supports and resistances:
0.8698 **
0.8689 *
0.8681 **
0.8673
0.8656 last
0.8649
0.8644 **
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