(0,8544) EUR/GBP confirmed a negative closing but it missed a weak one below the low of the negative day reversal. A daily closing tonight below 0,8560 will confirm a negative week reversal!! The indicators of the daily chart are however still below the line for now suggesting further downside risk. Those of the s/t ones are at the moment below the line keeping some pressure on this cross . Only an hourly closing below 0,8530 will however support further direct weakness suggesting a test of the support line at 0,8505. While above 0,8540 on an hourly closing the risk is to see another test of the 0,8580 area!! We stay on the sideline!!
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Future Trend Research