0,7943. EUR GBP is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a resistance below 0,7950. If the resistance is broken then the target will be 0,7985 (40 pips). We won't take a position. The risk/reward ratio is too high to take a position..
0,7950 - 0,7985
0,7930 - 0,7890