EUR/GBP Technical Analysis

(0,8637) EUR/GBP confirmed a strong closing above the resistance of the inside day at 0,8695 suggesting further strength. The indicators of the daily chart closed last night still below the line for now but a strong closing tonight could turn them again up supporting further strength. The indicators of the s/t charts mixed at the moment suggesting some consolidation/ correction. Only an hourly closing below 0,8705 will postpone the move up favouring a deeper correction with the 200 hours line at 0,8624 the possible attraction!! We stay on the sideline.

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