EUR/GBP intraday: as long as 0.8851 is support look for 0.8914

0.8851 is our pivot point.

Our preference: as long as 0.8851 is support look for 0.8914.

Alternative scenario: below 0.8851, expect 0.8829 and 0.8816.

Comment: the RSI is above 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 (0.8872) but above its 50 period moving average (0.8871).

Supports and resistances:

0.8939 **

0.8926 *

0.8914 **

0.8901

0.8872 last

0.8859

0.8851 **

0.8829 *

0.8816 **

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 03-02-2023 at 12:16 UTC+1

Price reference: 0.8872 last known on 03-02-2023 at 12:16 UTC+1

Investment horizon: INTRADAY