EUR/GBP ANALYSIS

EUR/GBP confirmed a nice move up yesterday finding however resistance already at 0,8667. In the s/t charts we have a potential small S_H_S formation with the neck line at 0,8617; a break of this line will cause a possible drop toward the 200 hours line at 0,8576.
The indicators of the daily and 4h charts are still well positive supporting further strength but those of the hourly one turned below the line supporting a possible correction that in our view could give us another buying opportunity at lower levels.
We are still long but put  a stop at 0,8615.

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FUTURE TREND RESEARCH