EUR/GBP may fall to 0.8022 - 0.8106
BY Trading Central
|نوفمبر ١٢, ٢٠٢٤ST: the downside prevails as long as 0.8397 is resistance
Our pivot point stands at 0.8397.
Our preference
The downside prevails as long as 0.8397 is resistance.
Alternative scenario
Above 0.8397, look for 0.8538 and 0.8622.
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 price stands below its 20 and 50 period moving average (respectively at 0.8339 and 0.8366).
Supports and resistances
0.8622 **
0.8538 *
0.8397 **
0.8341
0.8282 last
0.8106
0.8022 **
0.7938 *
0.7854 **
Number of asterisks represents the strength of support and resistance levels.
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