0,8509. EUR GBP is in an downtrend directed by 1H exponential moving averages. 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. The downtrend should continue on 0,8475 support (34 pips).
Resistances
0,8530 - 0,8560
Supports
0,8500 - 0,8475

tags: Forex, eurgbp
author: Arnaud Jeulin
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