EUR/GBP confirmed a session of consolidation forming a new inside day with 0,8630 – 0,8535 the levels to follow in the coming hours.
The indicators of the daily are still below the line and only a daily closing above 0,8630 will turn them up supporting further strength. The indicators of the s/t ones are positive this morning supporting a possible move up. However we have also potential negative reversal suggesting that the upside for now is limited and probably corrective. The singles are however not so strong to suggest a short position.
We remain on the sideline waiting for stronger signals!
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