0,7915. EUR GBP is in a consolidation after the last bullish movement. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 0,7830 / 0,7930 range. We won't take a position. The risk/reward ratio is too high to take a position..

updated 30 avr 2008 05:40 GMT +02:00