(0,8518) EUR/GBP confirmed a very weak closing well below the lows of the previous sessions but also well below the support of the big inside day at 0,8545 suggesting further weakness and a possible direct 0,8500 undershooting!! The indicators of the daily chart turned already well negative and also those of the s/t ones are below the line supporting further weakness. The drop failed yet to form divergences. However, while below 0,8540 on an hourly closing we favour direct lower levels toward the 200 4h line at 0,8353!! Possible rebound should find resistance at 0,8540 before the 200 hours line, now found at 0,8603.
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Future Trend Research