(0,8530) EUR/GBP formed on Friday a positive outside day with now 0,8560 – 0,8480 the levels to follow in the coming hours. A daily closing above 0,8560 will support higher levels turning positive the indicators of the daily chart!! The indicators of the daily chart are still below the line for now but those of the weekly one remain positive supported by the positive closing it confirmed on Friday. The indicators of the s/t charts are instead mixed this morning suggesting further consolidation. An hourly closing below 0,8515 will however suggest a retest of Friday’s low!! We stay on the sideline waiting for stronger signals.
Click here to read the full report: EURGBP 04.15
Future Trend Research