(0,8516) EUR/GBP confirmed a negative closing while remaining still interior positive outside day with 0,8595 – 0,8490 still the levels to follow in the coming hours/ session. Only a daily closing below 0,8490 will resume the decline for a move toward the 200 days line at 0,8214!! The indicators of the daily chart are still well below the line and this morning also those of the s/t ones are in negative territory suggesting further possible pressure. Finally, the decline stared forming bullish divergences in the hourly hart confirming a negative tone. Possible rebounds are therefore selling opportunity, especially close to the 200 hours line, now found at 0,8549!! We stay on the sideline but still expect lower levels!!
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Future Trend Research