(0,8445) EUR/GBP confirmed a negative closing but found again good support at 0,8420; the closing was of course not below 0,8435!! The indicators of the daily chart are however still below the line while those of the s/t ones are showing a mixed picture suggesting further consolidation. In the s/t it is possible a retest of the 200 hours line at 0,8458 where we expect however good resistance and from where we favour a resumption of the decline for a possible, finally, break below 0,8400!! We stay on the sideline for a moment waiting for confirmations.
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Future Trend
