(07 AUGUST 2018)EUR/GBP:The bias remains bullish.

Pivot (invalidation): 0.8920

Our preference

Long positions above 0.8920 with targets at 0.8940 & 0.8955 in extension.

Alternative scenario

Below 0.8920 look for further downside with 0.8900 & 0.8885 as targets.

Comment

A support base at 0.8920 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)