EUR/GBP Technical Analysis

(0,8382) EUR/GBP confirmed a strong closing last night above the top of the previous session confirming a s/t bottom. Possible an extension of the correction suggesting a 0,8400 overshooting! The indicators of the daily chart are still well negative with bullish divergences confirming a negative tone. The indicators of the s/t charts are instead in positive territory supporting a possible extension of the move up. In the s/t it should however find good resistance at 0,8390 where we find the 200 hours line and a s/t resistance line. We wait for higher levels to sell!!

Read the full report: EURGBP 10.03

 

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