EUR/GBP intraday: rebound towards 0.8674

EURGBP

Trading Central 2021-02-22 17:04:22

0.8628 is our pivot point.

Our preference: rebound towards 0.8674.

Alternative scenario: the downside breakout of 0.8628 would call for 0.8612 and 0.8602.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.8645 and 0.8651).

Supports and resistances:

0.8694 **

0.8684 *

0.8674 **

0.8665

0.8643 last

0.8635

0.8628 **

Disclaimer

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