0,8489. EUR GBP is in a range between 0,8475 and 0,8575. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The price should find a support above 0,8475 (14 pips). The price should continue to move in Bollinger bands.
Resistances
0,8510 - 0,8575
Supports
0,8475 - 0,8420

tags: Forex, eurgbp
author: Arnaud Jeulin
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