Pivot (invalidation): 5.9730 Our preference Long positions above 5.9730 with targets at 6.0000 & 6.0150 in extension. Alternative scenario Below 5.9730 look for further downside with 5.9550 & 5.9400 as targets...

Pivot (invalidation): 0.7000 Our preference Short positions below 0.7000 with targets at 0.6960 & 0.6940 in extension. Alternative scenario Above 0.7000 look for further upside with 0.7020 & 0.7030 as targets...

Pivot (invalidation): 1.3450 Our preference Long positions above 1.3450 with targets at 1.3500 & 1.3515 in extension. Alternative scenario Below 1.3450 look for further downside with 1.3430 & 1.3400 as targets...

Pivot (invalidation): 1.0180 Our preference Short positions below 1.0180 with targets at 1.0150 & 1.0130 in extension. Alternative scenario Above 1.0180 look for further upside with 1.0195 & 1.0210 as targets...

Pivot (invalidation): 110.85 Our preference Short positions below 110.85 with targets at 110.30 & 110.00 in extension. Alternative scenario Above 110.85 look for further upside with 111.10 & 111.40 as targets...

Pivot (invalidation): 1.3105 Our preference Long positions above 1.3105 with targets at 1.3175 & 1.3195 in extension. Alternative scenario Below 1.3105 look for further downside with 1.3080 & 1.3045 as targets...

Pivot (invalidation): 1.1175 Our preference Long positions above 1.1175 with targets at 1.1200 & 1.1215 in extension. Alternative scenario Below 1.1175 look for further downside with 1.1160 & 1.1145 as targets...

Pivot (invalidation): 62.30 Our preference Short positions below 62.30 with targets at 61.10 & 60.70 in extension. Alternative scenario Above 62.30 look for further upside with 62.75 & 63.10 as targets...

Pivot (invalidation): 14.6900 Our preference Short positions below 14.6900 with targets at 14.5500 & 14.4400 in extension. Alternative scenario Above 14.6900 look for further upside with 14.8200 & 14.8800 as targets...

Pivot (invalidation): 1273.00 Our preference Short positions below 1273.00 with targets at 1266.00 & 1264.00 in extension. Alternative scenario Above 1273.00 look for further upside with 1277.50 & 1280.00 as targets...

Pivot (invalidation): 2929.50 Our preference Short positions below 2929.50 with targets at 2900.50 & 2892.00 in extension. Alternative scenario Above 2929.50 look for further upside with 2941.75 & 2953.50 as targets...

Pivot (invalidation): 12380.00 Our preference Short positions below 12380.00 with targets at 12285.00 & 12245.00 in extension. Alternative scenario Above 12380.00 look for further upside with 12412.00 & 12440.00 as targets...

Pivot (invalidation): 5.9560 Our preference Long positions above 5.9560 with targets at 5.9800 & 6.0000 in extension. Alternative scenario Below 5.9560 look for further downside with 5.9400 & 5.9260 as targets...

Pivot (invalidation): 0.7010 Our preference Short positions below 0.7010 with targets at 0.6985 & 0.6970 in extension. Alternative scenario Above 0.7010 look for further upside with 0.7030 & 0.7050 as targets...

Pivot (invalidation): 1.3450 Our preference Long positions above 1.3450 with targets at 1.3480 & 1.3505 in extension. Alternative scenario Below 1.3450 look for further downside with 1.3425 & 1.3400 as targets...

Pivot (invalidation): 1.0185 Our preference Long positions above 1.0185 with targets at 1.0205 & 1.0215 in extension. Alternative scenario Below 1.0185 look for further downside with 1.0165 & 1.0150 as targets...

Pivot (invalidation): 111.55 Our preference Short positions below 111.55 with targets at 111.30 & 111.20 in extension. Alternative scenario Above 111.55 look for further upside with 111.65 & 111.75 as targets...

Pivot (invalidation): 1.3050 Our preference Short positions below 1.3050 with targets at 1.3015 & 1.3000 in extension. Alternative scenario Above 1.3050 look for further upside with 1.3080 & 1.3100 as targets...

Pivot (invalidation): 1.1195 Our preference Short positions below 1.1195 with targets at 1.1155 & 1.1140 in extension. Alternative scenario Above 1.1195 look for further upside with 1.1220 & 1.1240 as targets...

EURGBP retains its bear pressure nearer term as it looks to extend downside pressure. On the downside, support stands at the 0.8550 level where a violation will turn focus to the 0.8500 level. A break below here will aim at the 0.8450 level...