EUR/GBP MT: the upside prevails.
Pivot: 0.8650
Our preference: long positions above 0.8650 with targets at 0.9320 & 0.9500 in extension.
Alternative scenario: below 0.8650 look for further downside with 0.8300 & 0.7910 as targets.
Comment: The pair is challenging its 50-week moving average.
Supports and resistances:
0.9805
0.9500
0.9320
0.8901 Last
0.8650
0.8300
0.7910

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