EUR/GBP intraday: technical rebound towards 0.8781 before a new drop
Alternative scenario: the upside breakout of 0.8781 would call for 0.8803 and 0.8816.
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Alternative scenario: the upside breakout of 0.8781 would call for 0.8803 and 0.8816.
Alternative scenario: the downside breakout of 143.58 would call for 142.86 and 142.44.
Alternative scenario: below 88.52, expect 88.11 and 87.87.
Alternative scenario: the downside breakout of 0.6280 would call for 0.6251 and 0.6234.
Alternative scenario: the upside breakout of 1.3279 would call for 1.3307 and 1.3324.
Alternative scenario: the upside breakout of 132.07 would call for 132.61 and 132.93.
Our preference: the downside prevails as long as 83.30 is resistance.
The configuration is negative.
Alternative scenario: the downside breakout of 1.9751 would call for 1.9682 and 1.9641.
Alternative scenario: the downside breakout of 1.2462 would call for 1.2422 and 1.2399.
Alternative scenario: the downside breakout of 1.7314 would call for 1.7255 and 1.7221.
Alternative scenario: the upside breakout of 0.8783 would call for 0.8805 and 0.8818.