EUR/GBP - Euro British Pound
Short term (Intraday)
0,7868. EUR GBP is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 0,7830 support. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 0,7870 - 0,7900
- Supports
- 0,7850 - 0,7830
updated 29 avr 2008 05:48 GMT +02:00
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