EUR/GBP Technical Analysis

(0,8646) EUR/GBP confirmed a weak closing well below the low of the previous session but only a daily closing tonight below 0,8629 will confirm a s/t top!! The indicators of the daily chart closed still below the line for now and at the moment also those of the s/t ones are in negative territory supporting further weakness. An hourly closing below 0,8639 will confirm further weakness suggesting a test of the support line at 0,8570; while below 0,8675 we expect further weakness. We stay on the sideline.

Click here to read the full report: EURGBP 02.22

 

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