0,8635. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 0,8670 (35 pips). The consolidation should continue.
Resistances
0,8670 - 0,8700
Supports
0,8625 - 0,8580

tags: Forex, eurgbp
author: Arnaud Jeulin
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