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  • Writer's pictureCharles David

EUR/GBP Intraday: capped by a negative trend line - Forex Inventory



Pivot: 0.8495 Our preference: short positions below 0.8495 with targets at 0.8450 & 0.8425 in extension. Alternative scenario: above 0.8495 look for further upside with 0.8515 & 0.8545 as targets. Comment: the RSI is below its neutrality area at 50% Supports and resistances: 0.8545 0.8515 0.8495 0.8483 Last 0.8450 0.8425 0.8400 


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