0,7853. EUR GBP is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The downtrend should continue on 0,7830 (20 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
0,7870 - 0,7900
0,7845 - 0,7830