EUR/GBP intraday: the upside prevails as long as 0

EUR/GBP intraday: the upside prevails as long as 0.8631 is support

EURGBP

Trading Central 2021-02-23 12:24:21

Our pivot point stands at 0.8631.

Our preference: the upside prevails as long as 0.8631 is support.

Alternative scenario: below 0.8631, expect 0.8615 and 0.8605.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8644 and 0.8645).

Supports and resistances:

0.8697 **

0.8687 *

0.8677 **

0.8668

0.8645 last

0.8638

0.8631 **

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