(0,8505) EUR/GBP confirmed another session of consolidation interior the inside day with 0,8575 – 0,8490 the levels to follow in the coming hours. Only a daily closing below 0,8490 will support lower levels. The closing was weak below the lows of the previous few sessions!! The indicators of the daily chart turned already below the line and if confirmed also by today’s session this will support lower levels. The indicators of the s/t charts are also negative with fresh bullish divergences confirming a negative tone. We expect lower levels that only a move above the 200 hours line at 0,8545 will be able to postpone!! We got stopped out at 0,8546.
Read the full report: EURGBP 06.06
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