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 analysing EUR/GBP for Tuesdayto Nov. 12, 2019



EUR/GBP intraday: rebound towards 0.8637
Our pivot point stands at 0.8551.

Our preference: rebound towards 0.8637.

Alternative scenario: below 0.8551, expect 0.8519 and 0.8500.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.8581 and 0.8588).

Supports and resistances:

0.8676 **
0.8657 *
0.8637 **
0.8618
0.8577 last
0.8564
0.8551 **
0.8519 *
0.8500 **

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