0,8862. EUR GBP is in an downtrend directed by 1H exponential moving averages. EUR GBP is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 0,8890 (28 pips). The downtrend should continue to gather momentum.
- 0,8890 - 0,8945
- 0,8820 - 0,8790