EUR/GBP Technical Analysis

(0,8406) EUR/GBP is still consolidating interior the negative outside day with 0,8485 – 0,8390 still the levels to follow in the coming hours. Only a daily closing below 0,8390 will already resume the decline. The indicators of the daily chart are still negative as well as those of the s/ t ones supporting further weakness. While below the 200 hours line, now at 0,8412 we favour a break below 0,8400. We still prefer remaining on the sideline following the negative outside day!

Read the full report: EURGBP 09.26

 

Future Trend