EURGBP

Intraday - We look to Buy at 0.8465 (stop at 0.8415)

We are trading at oversold extremes. A bullish hammer has been formed on the 4hr timeframe. This is positive for sentiment and the uptrend has potential to return. A higher low has been formed. Preferred trade is to buy on dips.

Our profit targets will be 0.8615 and 0.8710

Resistance: 0.8505 / 0.8600 / 0.8710
Support: 0.8400 / 0.8295 / 0.8200

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