(0,8595) EUR/GBP confirmed a negative day reversal after a 88 overshooting. A daily closing tonight below 0,8600 will confirm a s/t top suggesting a deeper correction and this time we go lower suggesting a retest of the 0,8440 area. The indicators of the daily chart are still well negative and this morning also those of the s/t ones are below the line supporting further weakness!! The decline confirmed a break of the s/t support line now resistance at 0,8600. Next one on the downside is found only at 0,8400!! We stay short!!
Click here to read the full report: EURGBP 02.26
Future Trend Research
