(0,8681) EUR/GBP confirmed a strong closing after the break above the resistance line at 0,8630 confirming already a 0,8715 overshooting where it found some resistance for now. The weekly closing was also very strong!! The indicators of the daily chart are still well positive but heavy overbought and however showing potential negative reversals; those of the weekly chart are also positive but well overbought and showing potential negative reversals. The indicators of the s/t charts are mixed this morning suggesting some consolidation/ correction that should favour the retest of the former resistance line, now support at 0,8628!! We expect a firm correction!
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Future Trend Research