EUR/GBP Technical Analysis

(0,8549) EUR/GBP is confirming further consolidation interior the inside day with 0,8600 – 0,8505 still the levels to follow in the coming hours; only a daily closing below 0,8505 will resume the decline!! The indicators of the daily chart are however still well positive but those of the s/t ones turned below the line supporting further consolidation/ correction. Only an hourly closing below 0,8535 will support lower elvels suggesting a return below 0,8500, still our preferred scenery!!

Click here to read the full report: EURGBP 05.29

 

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