EUR/GBP intraday: as long as 0.8799 is support look for 0.8859

0.8799 is our pivot point.

Our preference: as long as 0.8799 is support look for 0.8859.

Alternative scenario: the downside breakout of 0.8799 would call for 0.8778 and 0.8765.

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 pair is trading under its 20 period moving average (0.8822) but above its 50 period moving average (0.8810).

Supports and resistances:

0.8885 **

0.8872 *

0.8859 **

0.8847

0.8819 last

0.8808

0.8799 **

0.8778 *

0.8765 **

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 04-14-2023 at 00:08 UTC+1

Price reference: 0.8819 last known on 04-14-2023 at 00:08 UTC+1

Investment horizon: INTRADAY