(0,8665) EUR/GBP confirmed further consolidation interior the big inside day with 0,8730 – 0,8545 still the levels to follow in the coming hours. Only a daily closing below 0,8545 will support a firm 0,8500 undershooting!! The indicators of the daily chart are still positive while those of the s/t ones are mixed this morning suggesting further consolidation/ correction. The important rebound we saw last night did not yet confirm a new high>; instead we have a potential negative reversal situation that suggests a possible return lower for this cross. An hourly closing above 0,8684 will instead abort this scenery re-launching the move up!! We stay on the sideline waiting for further confirmations!!!
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Future Trend Research