EUR/GBP Technical Analysis

(0,8625) EUR/GBP confirmed a strong closing last night suggesting further s/t upside potential and this could mean a new 0,8650 overshooting. The indicators of the daily chart are now moving above the line and also those of the s/t ones are positive supporting higher levels.  We expect this cross to extend the move up above 0,8650 toward 0,8670 where we suggest selling it for a return toward 0,8600!!

Read the full report: EURGBP 08.28

 

Future Trend