Selling pressures increase round 0.8800.
• EUR/GBP is struggling to go any higher. Hourly
resistance is given at 0.8866 (12/06/2017 high).
Other support can be found at 0.8652
(08/06/2017 low). Expected to show renewed
• In the long-term, the pair has largely recovered
from recent lows in 2015. The technical structure
suggests a growing upside momentum. The pair
is trading above from its 200 DMA. Strong
resistance can be found at 0.9500 psychological
(By Yann Quelenn)