(0,8557) EUR/GBP formed a negative day reversal after the 0,8630 overshooting that favoured the closing of a gap down. A daily closing tonight below 0,8534 will confirm a top supporting already a possible resumption of the decline. The indicators of the daily chart closed again below the line and today also those of the s/t ones are below the line supporting further weakness. The drop since the top yesterday at 0,8639 could have confirmed a negative reversal suggesting a s/t target at 0,8371!! However to confirm lower levels we need a break below the 200 hours line at 0,8537. We expect lower levels and strongly believe in a stronger pound ag. the EUR!!
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Future Trend Research