(0,8516) EUR/GBP confirmed a positive closing while remaining interior Friday’s range forming a new inside day with 0,8540 – 0,8470 the levels to follow in the coming hours. The indicators of the daily chart are already returning above the line and this morning also those of the s/t ones are positive supporting some upside potential. The move up is however corrective and a selling opportunity probably already above the 0,8530 level!! Only an hourly closing below 0,8490 will resume the decline supporting lower levels!! We stay on the sideline!!
Read the full report: EURGBP 06.11
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