EUR/GBP ANALYSIS

EUR/GBP confirmed a weak closing on Friday but the weekly one was still positive and above the 200 weeks line. 
The indicators of the daily are again turning positive but those of the weekly one are still below the line. The indicators of the s/t charts are instead mixed suggesting further consolidation.
In the s/t only an hourly closing above 0,8615 will postpone further weakness favouring higher levels suggesting a retest of the 0,8670 area.
We remain on the sideline waiting for stronger signals!

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FUTURE TREND RESEARCH