EUR/GBP Technical Analysis

(0,8499) EUR/GBP is confirming further consolidation interior the range 0,8550 – 0,8470 confirming a mixed closing. The indicators of the daily chart are however again below the line while those of the s/t ones still show a mixed picture suggesting further consolidation with however a negative bias. We sold the 0,8540 overshooting as suggested. We put a stop at 0,8525 while waiting for a possible target drop toward 0,8455!!

Read the full report: EURGBP 06.14

 

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