EUR/GBP MT: the upside prevails.

Trading Central 2021-01-14 16:35:05

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

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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