0,8580. EUR GBP broke 0,8540 resistance. EUR GBP is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The consolidation should continue.
Resistances
0,8605 - 0,8640
Supports
0,8540 - 0,8490

tags: Forex, eurgbp
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.