EUR/GBP Technical Analysis

(0,8420) EUR/GBP is confirming further consolidation interior the inside day with 0,8495 – 0,8395 still the levels to follow in the coming hours. Only a daily closing below 0,8395 will finally support further weakness!! The indicators of the daily chart are still well negative while those of the s/t ones are mixed supporting further consolidation. Lower highs against a flat bottom suggest a possible break below 0,8400!! Only an hourly closing above 0,8450 will postpone further weakness favouring higher levels, move that we expect to be corrective!!

Click here to read the full report: EURGBP 05.07

 

Future Trend