0,7883. EUR GBP broke 0,7890 support. EUR GBP is in a consolidation after the last bearish movement. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The downtrend should continue on 0,7840 (40 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
- 0,7910 - 0,7950
- 0,7875 - 0,7840