(0,8407) EUR/GBP confirmed yesterday a session of consolidation forming a new inside day with 0,8455 – 0,8370 now the levels to follow in the coming hours/ session. The indicators of the daily chart are still well negative while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. Only an hourly closing above 0,8430 will postpone further weakness favouring a higher retracement. While below the trend will remain negative with 0,8356 the target! Ee stay on the sideline while waiting for a decent rebound to sell!
Read the full report: EURGBP 09.13
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