EUR/GBP Technical Analysis

(0,8638) 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 still showing a mixed picture suggesting further consolidation/ correction. An hourly closing below 0,8615 will favour another test on the downside. We stay on the sideline waiting for further confirmations!!!

Click here to read the full report: EURGBP 02.07

 

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