(0,8563) EUR/GBP is confirming further consolidation interior the inside day with 0,8610 – 0,8525 still the levels to follow in the coming hours; only a daily closing below 0,8525 will resume the decline level that we closed tested on Friday. The monthly and weekly closings were small positive. The indicators of the daily chart are still well positive and also those of the monthly and weekly charts are above the line. The indicators of the s/t charts still showing a mixed picture suggesting further consolidation/ correction. Only an hourly closing above 0,8565 will support higher levels suggesting a retest of the 0,8600 area!! We stay on the sideline following the inside day; while below the 200 hoursl ine at 0,8556 we faovur however lower levels!!
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Future Trend
