EUR/GBP Technical Analysis

(0,8529) EUR/GBP confirmed a negative closing but it failed to confirm the break below the support of the inside day at 0,8525. The indicators of the daily chart are however still well positive but those of the s/t ones are below the line this morning suggesting further possible weakness. The drop toward 0,8500 failed however to form divergences. Instead we have potential positive reversals suggesting a potential target at 0,8633!! We try staying short for a possible retest of the 0,8500 area. We put however a stop at 0,8545!!

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