(0,8532) EUR/GBP confirmed also yesterday further consolidation interior the inside day with 0,8580 – 0,8495 still the levels to follow in the coming hours. A break of the support confirmed by a daily closing will support a retest of the 200 days line at 0,8455, scenery that we do still favour. The indicators of the daily chart are still well negative but those of the s/t ones are above the line this morning suggesting a possible rebound. An hourly closing above 0,8560 will postpone further weakness supporting a rebound with the 200 hours line at 0,8568 the first attraction. We stay on the sideline while following the inside day!
Read the full report: EURGBP 08.20
Future Trend
