(0,8490) EUR/GBP confirmed a strong closing last night well above the top of the previous session but it failed to confirm a break above 0,8490, the resistance of the inside day!! The indicators of the daily chart are still well negative but those of the s/t ones turned above the line for now suggesting further consolidation/ correction. The rally already sent overbought the indicators of the hourly chart showing also a clear negative reversal situation. We expect the upside to be limited favouring a resumption of the decline. A move below the 200 hours line at 0,8467 will confirm lower levels!!
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Future Trend Research