EUR/GBP - Euro British Pound, American Session - 29/06/09

  @ibtimes on

0,8495. EUR GBP is in a range between 0,8480 and 0,8600. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 0,8480 (15 pips). The price should consolidate.

Resistances
0,8520 - 0,8575
Supports
0,8480 - 0,8420

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

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