0,8581. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should continue to move in 0,8530 / 0,8600 range.
Resistances
0,8590 - 0,8600
Supports
0,8550 - 0,8530

tags: Forex, eurgbp
author: Arnaud Jeulin
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