EUR/GBP formed a positive day reversal closing well above the 0,8530 level!! Only a daily closing tonight above 0,8560 will however confirm a s/t bottom!!
The indicators of the daily chart are however still well negative but those of the s/t ones turned all above the line supporting the correction. An hourly closing above 0,8560 will favour an extension of the rebound suggesting a test of the 200 hours line at 0,8581 with even an overshooting. This move up is a sell but we suggest waiting for levels above 0,8600.
We remain on the sideline.
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FUTURE TREND RESEARCH