EUR/GBP intraday: as long as 0.8837 is support look for 0.8893

Our pivot point stands at 0.8837.

Our preference: as long as 0.8837 is support look for 0.8893.

Alternative scenario: the downside breakout of 0.8837 would call for 0.8816 and 0.8803.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8851 and 0.8839).

Supports and resistances:

0.8919 **

0.8906 *

0.8893 **

0.8880

0.8855 last

0.8846

0.8837 **

0.8816 *

0.8803 **

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 04-17-2023 at 01:04 UTC+1

Price reference: 0.8855 last known on 04-17-2023 at 01:04 UTC+1

Investment horizon: INTRADAY