(0,8660) EUR/GBP confirmed a positive closing last night while however confirming further consolidation interior the inside day with 0,8595 – 0,8695 still the levels to follow in the coming hours. Only a daily closing above 0,8695 will support further strength!! The indicators of the daily chart are still well negative but those of the s/t ones turned above the line following the move up. In the hourly chart we have potential negative reversals but again the signals are not too strong. For the moment we expect further consolidation while waiting for the BOE and ECB.
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Future Trend Research