EUR/GBP Intraday Signal: As Long as 0.8647 Holds, Expect Move Toward 0.8702
EUR/GBP is holding above the key pivot level at 0.8647, suggesting a mild bullish bias. The RSI remains above 50, indicating some buying strength, while the MACD is positive but still below its signal line—showing mixed momentum. Price is trading below the 20-period moving average (0.8666) but above the 50-period (0.8661), pointing to a possible short-term retracement before resuming higher. If 0.8647 holds as support, price may push toward 0.8680 and 0.8702. A break below 0.8647 would expose 0.8628 and 0.8617.
Enter: 0.8655
SL: 0.8628
Target A: 0.8680
Target B: 0.8702