0,9317. EUR GBP is in a consolidation after the last bullish movement. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 0,9275 / 0,9380 range. If the resistance breaks then the target will be 0,9480 (163 pips).
- 0,9380 - 0,9480
- 0,9275 - 0,9160