(0,8126) EUR/GBP formed a negative day reversal but only a daily closing tonight below 0,8111 will confirm a s/t top. The indicators of the daily chart are still well positive while those of the s/tones turned mixed suggesting further consolidation/ correction for the coming hours. While below 0,8135 we favour another test on the downside suggesting a move toward the 200 hours line, now found still only at 0,8090. An hourly closing above 0,8135 will instead confirm a positive reversal in the hourly chart suggesting a new s/t target at 0,8203!! We managed to close the shorts at 0,8120 while still looking to go long; we wait for levels close to the 200 hours line!!
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Future Trend Research