(0,8305) EUR/GBP confirmed also yesterday another strong daily closing suggesting further upside potential. Possible therefore a direct extension toward 0,8360 if not even a direct 0,8400 overshooting. The indicators of the daily chart are still well positive but overbought and showing potential negative reversals. The indicators of the s/t charts turned already mixed this morning suggesting some consolidation/ correction. We saw the confirmation of a S_H_S formation in the hourly RSI supporting lower level. We expect lower levels but before correcting we may see another possible test on the upside.
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Future Trend Research