(0,8055) EUR/GBP confirmed still a negative closing and still below the 200 days line, still resistance at 0,8055. While below this line there will be still downside potential. The indicators of the daily chart are still well negative while those of the s/t ones are mixed supporting some consolidation/ correction. An hourly closing above 0,8062 will postpone further weakness favouring a rally toward the 200 hours line now found at 0,8095. This move up is corrective and a selling opportunity. We suggest selling a 0,8080 overshooting for a drop toward 0,8025!!
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Future Trend Research