EUR/GBP intraday: as long as 0.8714 is support look for 0.8800

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EUR/GBP intraday: as long as 0.8714 is support look for 0.8800Our pivot point is at 0.8714.

Our preference: as long as 0.8714 is support look for 0.8800.

Alternative scenario: the downside breakout of 0.8714 would call for 0.8681 and 0.8662.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.8740 and 0.8709).

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