(0,8472) EUR/GBP confirmed a weak closing after having formed a negative outside day with 0,8575 – 0,8445 the levels to follow in the coming hours. A break of the support confirmed by a daily closing will suggest a direct drop toward the s/t target at 0,8362 and 0,8344!! The indicators of the daily chart are still well negative but showing potential positive reversals. Those of the s/t ones are also negative this morning supporting further weakness. Bullish divergences in all s/t charts support a negative tone. Possible rebounds should find resistance already at 0,8490 before the 200 hours line at 0,8554!! We expect further weakness!!
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Future Trend Research