(0,8617) EUR/GBP confirmed another session of consolidation remaining interior Friday’s range forming a new inside day with 0,8600 – 0,8695 the levels to follow in the coming hours. A daily closing below 0,8600 will support a resumption of the decline. 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 consolidation/ correction. Only an hourly closing below 0,8600 will however confirm lower levels!! We still expect this cross to move lower but are still missing strong signals supporting our view!! We stay short and confident.
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Future Trend Research