EUR/GBP Technical Analysis

(0,8624) EUR/GBP is confirming further consolidation interior the inside with 0,8695 – 0,8570 still the levels to follow in the coming hours. The indicators of the daily chart are however still below the line while those of the s/t charts are instead confirming a mixed picture suggesting further consolidation/ correction. Only a break below 0,8575 confirmed by an hourly closing will support lower levels suggesting a possible retest of last week’s low at 0,8440!!! We stay on the sideline waiting for stronger signals but in the s/t we expect a little lower levels!!

Click here to read the full report: EURGBP 02.19

 

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