(0,8670) EUR/GBP confirmed a weak closing well below the low of the previous session confirming therefore also the small negative day reversal. A possible closing tonight below 0,8663 will confirm a top supporting a firm test on the downside completing also a S_H_S formation supporting a larger correction!! The indicators of the daily chart are now well negative and also those of the s/t ones are negative supporting further weakness. The drop started already forming bullish divergences in the hourly chart confirming a negative tone. While below the 200 hours line at 0,8685 we expect therefore further direct weakness suggesting a direct 0,8650 undershooting!!!! We stay on the sideline.
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Future Trend Research