0,7865. 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 low. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The price should find a support above 0,7850. The consolidation should continue. We won't take a position.
- 0,7890 - 0,7920
- 0,7850 - 0,7830