EUR/GBP Technical Analysis

(0,8420) EUR/GBP confirmed on Friday a positive closing while however remaining interior the range of the previous session forming a new inside day with 0,8495 – 0,8395 the levels to follow in the coming hours. A daily closing below 0,8395 will support further weakness!! The indicators of the daily chart are still well negative and this morning also those of the weekly chart are finally below the line supporting further weakness. The indicators of the s/t ones are mixed at the moment suggesting further consolidation/ correction. An hourly closing below 0,8400 will support lower levels with the s/t target at 0,8382 the first attraction!!

Click here to read the full report: EURGBP 05.06

 

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