0,8430. EUR GBP broke 0,8495 support. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The price should find a support above 0,8420 (10 pips). If the support breaks then the target will be 0,8350 (80 pips).
Resistances
0,8460 - 0,8495
Supports
0,8420 - 0,8390

tags: Forex, eurgbp
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.