7647117 7/13/2017 6:16 PM, GBP/RUB intraday: as long as 77.140 is support look for 78.200


Our pivot point is at 77.140.


Our preference

: as long as 77.140 is support look for 78.200.


Alternative scenario

: the downside breakout of 77.140 would call for 76.800 and 76.600.


Comment

: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 77.562 and 77.489).


Supports and resistances

:

78.600 **

78.400 *

78.200 **

78.000

77.581 last

77.270

77.140 **

76.800 *

76.600 **