(0,8122) EUR/GBP confirmed last night another strong closing suggesting a possible test of the 0,8150 level. The indicators of the daily chart are now well positive supporting higher levels and also those of the s/t ones are above the line supporting further strength. Bearish divergences in the hourly chart confirm a positive tone suggesting higher levels. This is also telling us that to sell is probably not the best idea, at least not at 0,8130. We wait therefore for a possible 0,8145 overshooting to go short for a return toward the 200 hours line, now found at 0,8089 putting however a stop at 0,8165!!
Click here to read the full report: EURGBP 12.14
Future Trend Research