EUR/GBP intraday: rebound towards 0.8982

EURGBP

Trading Central 2021-01-13 12:35:04

Our pivot point stands at 0.8898.

Our preference: rebound towards 0.8982.

Alternative scenario: below 0.8898, expect 0.8866 and 0.8847.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.8929 and 0.8941).

Supports and resistances:

0.9020 **

0.9001 *

0.8982 **

0.8963

0.8924 last

0.8910

0.8898 **

Disclaimer

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