(0,8070) EUR/GBP confirmed a very weak closing last night well below the low of the negative day reversal. A daily closing tonight below 0,8065 will support direct lower levels suggesting a return below the 200 days line, now support at 0,8058. The indicators of the daily chart turned already below the line and also those of the s/t ones are in negative territory supporting lower levels. The drop caused already a break below the support line, now resistance at 0,8080. While below this line we expect further weakness toward 0,8050. Only an hourly closing above 0,8085 will postpone further weakness suggesting a retest of the 200 hours line at 0,8103. We stay on the sideline.
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Future Trend Research