0,8488. EUR GBP is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The downtrend should continue to gather momentum.
Resistances
0,8510 - 0,8585
Supports
0,8460 - 0,8430

tags: Forex, eurgbp
author: Arnaud Jeulin
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