EUR/GBP Technical Analysis

(0,8544) EUR/GBP is confirming further consolidation interior the positive outside day with 0,8560 – 0,8480 still 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 s/t ones are above the line supporting further s/t strength. Only an hourly closing below 0,8515 will postpone further strength favouring a retest of Friday’s low!! We stay on the sideline waiting for stronger signals.

Click here to read the full report: EURGBP 04.16

 

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