(0,8457) EUR/GBP is confirming further consolidation interior the inside day formed last week with 0,8480 – 0,8410 the levels to follow in the coming hours/ sessions. Only a daily closing below 0,8410 will support the expected extension of the decline!! The indicators of the daily chart are still below the line but those of the weekly one are remaining above the line for now; while the cross is below the 200 weeks line we expect however the cross to remain under pressure!! The indicators of the s/t charts are more or less positive this morning suggesting some upside potential. Only an hourly closing above 0,8475 will support higher levels!! We stay on the sideline for a moment waiting for confirmations.
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Future Trend
