(0,8650) EUR/GBP confirmed a session of consolidation with a positive closing; only a closing above 0,8685 will however confirm higher levels!! The weekly closing was negative forming a negative outside week reversal! The indicators of the daily chart are still well negative but those of the weekly one remain well above the line still showing potential negative reversals. The indicators of the s/t charts are mixed this morning suggesting further consolidation. While below 0,8685 we expect this cross to confirm another test on the downside. Already an hourly closing below 0,8600 will confirm lower levels!! We stay short and confident.
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Future Trend Research