0,8424. EUR GBP is in a consolidation after the last bearish movement. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The downtrend should continue to gather momentum.
Resistances
0,8460 - 0,8500
Supports
0,8400 - 0,8370

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