Our pivot point is at 0.8609.

Our preference: the upside prevails as long as 0.8609 is support.

Alternative scenario: below 0.8609, expect 0.8576 and 0.8557.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.8632 and 0.8632). Finally, the EUR/GBP has crossed above its upper Bollinger band (0.8636).

Chart Caption
    Green Lines Represent Resistances
    Red Lines Represent Support Levels
    Light Blue is a Pivot Point
    Black represents the price when the report was produced

Kategori: Analisa