(0,8478) EUR/GBP confirmed our s/t target and another weak closing well below the support line the cross was following since 0,7755. The drop found good support at the 200 days line at 0,8483; a daily closing also below the line will open the way for further and probably more important weakness suggesting a firm test of the key area 0,8400!! The indicators of the daily chart are all well negative and also those of the s/t ones are below the line supporting further weakness. We wait for a possible decent rebound to sell!
Read the full report: EURGBP 09.03
Future Trend