EUR/GBP confirmed a weak closing last night below the low of the previous session suggesting further pressure, at least in the s/t.
The indicators of the daily are now again below the line and also those of the s/t ones are negative supporting further consolidation/ correction.
We expect further weakness toward a potential target at 0,8513, scenery that only a break above 0,8626 will be able to abort!!
We remain on the sideline waiting for stronger signals!
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http://www.easyforexnews.net/wp-content/uploads/2011/12/EUR-GBP-12.06.11.pdf
FUTURE TREND RESEARCH