EUR/GBP intraday: as long as 0.8754 is support look for 0.8812

Our pivot point stands at 0.8754.

Our preference: as long as 0.8754 is support look for 0.8812.

Alternative scenario: below 0.8754, expect 0.8732 and 0.8719.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8771 and 0.8760).

Supports and resistances:

0.8837 **

0.8825 *

0.8812 **

0.8799

0.8771 last

0.8762

0.8754 **

0.8732 *

0.8719 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 04-05-2023 at 10:47 UTC+1

Price reference: 0.8771 last known on 04-05-2023 at 10:47 UTC+1

Investment horizon: INTRADAY