(0,8489) EUR/GBP confirmed again a weak closing below the support of the previous few sessions as well as below the s/t key level at 0,8505. We expect further weakness toward 0,8440!! The indicators of the daily chart are still well negative supporting lower level and also those of the s/t ones are below the line supporting further weakness. Further bullish divergences support a negative tone. In the s/t only a return above 0,8530 will postpone the decline favouring another rebound with the 200 hours line still at 0,8608 the possible attraction. We suggest staying short.
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Future Trend Research