(0,8640) EUR/GBP confirmed a very weak closing last night well below the lows of the previous few sessions. Further weakness is possible if not even probable!! The indicators of the daily chart are now negative and also those of the s/t ones are below the line supporting further weakness. Bullish divergences in the hourly chart support now a negative tone. While below 0,8650 on an hourly closing we expect further weakness suggesting a 0,8600 undershooting. Possible rebounds should find resistance at 0,8650 before the 200 hours line at 0,8675!
Read the full report: EURGBP 08.06
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