0,9003. 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. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 0,9020 (17 pips). The downtrend should continue to gather momentum.
- 0,9020 - 0,9040
- 0,8960 - 0,8910