0,8576. EUR GBP is in a consolidation after the last bearish movement. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The downtrend should continue to gather momentum.
Resistances
0,8615 - 0,8670
Supports
0,8565 - 0,8515

tags: Forex, eurgbp
author: Arnaud Jeulin
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