(0,8508) EUR/GBP is still confirming further consolidation interior the inside day with 0,8555 – 0,8465 still the levels to follow in the coming hours. The indicators of the daily chart are still below the line while those of the s/t ones are positive this morning suggesting some upside potential. while above the 200 hours line at 0,8503 we could well see a retest of the 0,8530 area where we find a s/t resistance line. The move up is corrective and a selling opportunity!! We stay on the sideline for now.
Read the full report: EURGBP 06.18
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