(0,8582) EUR/GBP confirmed a strong closing last night above the resistance of the outside day at 0,8560 suggesting further upside potential. The move up is trying to close the gap down it formed on March 17. Possible therefore a move even toward 0,8625!! The indicators of the daily chart have now returned above the line suggesting further possible strength and also those of the s/t ones are in positive territory , however still showing potential negative reversals. We stay on the sideline waiting for stronger signals.
Click here to read the full report: EURGBP 04.17
Future Trend Research