(02 AUGUST 2018)EUR/GBP:Key resistance at 0.8900.

Pivot (invalidation): 0.8900

Our preference

Short positions below 0.8900 with targets at 0.8880 & 0.8865 in extension.

Alternative scenario

Above 0.8900 look for further upside with 0.8915 & 0.8925 as targets.

Comment

As Long as the resistance at 0.8900 is not surpassed, the risk of the break below 0.8880

remains high. 

(By Swissquote TRADING CENTRAL)