EUR/GBP intraday: the upside prevails as long as 0.8681 is support

Our pivot point stands at 0.8681.

Our preference: the upside prevails as long as 0.8681 is support.

Alternative scenario: the downside breakout of 0.8681 would call for 0.8656 and 0.8642.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8695 and 0.8698).

Supports and resistances:

0.8778 **

0.8763 *

0.8749 **

0.8734

0.8702 last

0.8690

0.8681 **