EUR/GBP failed to confirm further weakness forming instead a positive day reversal. Only a daily closing above 0,8622 will however confirm higher levels!!
The indicators of the daily are again positive while those of the s/t ones still show a mixed picture suggesting further consolidation.
While below 0,8622 we expect however another test on the downside suggesting a break below the 200 hours line at 0,8585 suggesting a drop toward the support line at 0,8545.
The s/t scenery could be negative given the bullish divergences in the hourly chart but we prefer waiting for further confirmations before taking a new position!!
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