EURGBP Levels: Watch 0.8905

Swissquote Bank Research Team Swissquote Bank Ltd

EUR/GBP

Watch 0.8905.

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Pivot (invalidation): 0.8935

Our preference
Short positions below 0.8935 with targets at 0.8905 & 0.8890 in extension.

Alternative scenario
Above 0.8935 look for further upside with 0.8960 & 0.8980 as targets.

Comment
A break below 0.8905 would trigger a drop towards 0.8890.

EUR/CHF

Under pressure.

Pivot (invalidation): 1.1310

Our preference
Short positions below 1.1310 with targets at 1.1260 & 1.1220 in extension.

Alternative scenario
Above 1.1310 look for further upside with 1.1345 & 1.1375 as targets.

Comment
A break below 1.1260 would trigger a drop towards 1.1220.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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