0,8486. EUR GBP is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The price should find a resistance below 0,8510 (24 pips). The downtrend should continue on 0,8420 support (66 pips).
Resistances
0,8510 - 0,8550
Supports
0,8475 - 0,8410

tags: Forex, eurgbp
author: Arnaud Jeulin
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