EUR/GBP Technical Analysis

(0,8420) EUR/GBP confirmed a very weak closing well below the low of the negative day reversal that suggests we have a top in place!! However only a daily closing below 0,8398 will support lower levels with the 200 days line at 0,8232 the attraction. The indicators of the daily chart are still well negative and this morning also those of the s/t ones are below the line supporting further weakness. Possible rebounds should find resistance at 0,8435 before the 0,8460!! We expect further weakness!!

Click here to read the full report: EURGBP 05.03

 

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