(0,8448) EUR/GBP confirmed a weak closing below the previous low but it failed to confirm the break below 0,8445, the support of the negative outside day!! The indicators of the daily chart are still well negative but those of the s/t ones are already above the line or very close to turn positive suggesting possible consolidation/ correction. While above 0,8450 on an hourly closing we favour a rebound with the 200 hours line at 0,8516 the possible attraction. The possible move up will however be corrective and a selling opportunity for a drop below 0,8400!!
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Future Trend Research