EUR/GBP intraday: the downside prevails as long as 0.8669 is resistance

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EUR/GBP intraday: the downside prevails as long as 0.8669 is resistanceOur pivot point is at 0.8669.

Our preference: the downside prevails as long as 0.8669 is resistance.

Alternative scenario: above 0.8669, look for 0.8694 and 0.8709.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.8658 and 0.8673).