(0,8560) EUR/GBP confirmed a session of consolidation forming a new inside day with 0,8600 – 0,8505 the levels to follow in the coming hours; a daily closing below 0,8505 will resume the decline!! The indicators of the daily chart are still well positive while those of the s/t ones remain mixed supporting further consolidation/ correction. The move up of the last few session still failed to form divergences for now suggesting it was just an overshooting!! Only an hourly closing below 0,9530 will however resume the decline. We stay on the sideline for now
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