(0,8675) EUR/GBP confirmed a correction forming a positive day reversal. Only a daily closing above 0,8675 will however confirm a s/t bottom. We believe the move up we saw in the last 24 H is corrective and favour a resumption of the decline. The indicators of the daily chart are however returning above the line while those of the s/t ones are mixed this morning supporting further consolidation/ correction.
Read the full report: EURGBP 08.07
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