0,7423. EUR GBP is in a range between 0,7400 and 0,7490. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The price should continue to move in 0,7400 / 0,7460 range.
[arbitrage EUR USD/ GBP USD] : We expect similar moves on EUR USD and GBP USD..
Resistances
0,7430 - 0,7460
Supports
0,7415 - 0,7400