7645502 7/13/2017 12:22 PM, GBP/ILS intraday: rebound towards 4.5863


Our pivot point stands at 4.5554.


Our preference

: rebound towards 4.5863.


Alternative scenario

: the downside breakout of 4.5554 would call for 4.5452 and 4.5391.


Comment

: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands above its 20 MA (4.5662) but below its 50 MA (4.5690).


Supports and resistances

:

4.5986 **

4.5924 *

4.5863 **

4.5802

4.5665 last

4.5595

4.5554 **

4.5452 *

4.5391 **