0,9068. 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 decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The price should find a support above 0,9030 (38 pips). The consolidation should continue. If the support is broken then the target will be 0,8850 (218 pips).
We are waiting for a break of the support to take a short position.
0,9170 - 0,9230
0,9030 - 0,8950