EUR/GBP Technical Analysis

(0,8500) EUR/GBP confirmed a weak closing below the support of the inside day at 0,8490 suggesting further downside risk suggesting a retest of the 0,8400 area. The indicators of the daily chart are now below the line and also those of the s/t ones are in negative territory . bullish divergences still support a negative tone favouring lower levels. We expect lower levels, scenery that only a move above the 0,8525 will be able to postpone!!

Read the full report: EURGBP 06.07

 

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