(0,8490) EUR/GBP is still confirming further consolidation interior the range 0,8550 – 0,8470 while forming a new inside day with 0,8555 – 0,8465 the levels to follow in the coming hours. The indicators of the daily chart are again below the line while those of the weekly one could turn soon. The indicators of the s/t ones are instead still showing a mixed picture suggesting further consolidation with however a negative bias. While below the 200 hours line at 0,8504 we expect further weakness toward our s/t target at 0,8455!! We got already stopped out; we wait for another selling opportunity!!
Read the full report: EURGBP 06.17
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