0,9053. EUR GBP is in an downtrend directed by 1H exponential moving averages. EUR GBP is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a support above 0,8950 (103 pips). If the support is broken then the target will be 0,8850 (203 pips).
We are waiting for a break of the support to take a short position.
0,9100 - 0,9170
0,8960 - 0,8850