EUR/GBP intraday: rebound

EURGBP

Trading Central 2021-02-23 07:34:06

Our pivot point is at 0.8629.

Our preference: rebound.

Alternative scenario: below 0.8629, expect 0.8613 and 0.8603.

Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (0.8641) but under its 50 period moving average (0.8644).

Supports and resistances:

0.8694 **

0.8684 *

0.8674 **

0.8665

0.8643 last

0.8636

0.8629 **

Disclaimer

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