EUR/GBP may fall 13 - 28 pips

Pivot

0.8410

Our preference

Short positions below 0.8410 with targets at 0.8380 & 0.8365 in extension.

Alternative scenario

Above 0.8410 look for further upside with 0.8430 & 0.8445 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.8445

0.8430

0.8410

0.8393 Last

0.8380

0.8365

0.8350

Number of asterisks represents the strength of support and resistance levels.