Consolidation has dominated the last 2 weeks in EUR/GBP and that continues to be the case. The 13 day moving average and a Marabuzo line from June 12th continues to cap the topside but without this failure translating into selling pressure.
To a degree this indecision remains the backdrop and so signals cannot be strong but yesterday's upside rejection does leave intraday studies mildly negative with potential for 0.7991, 0.7974 and 0.7959.