EUR/GBP - Euro British Pound
Short term (Intraday)
0,7965. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 0,8000. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 0,7980 - 0,8000
- Supports
- 0,7960 - 0,7900
updated 26 août 2008 06:04 GMT +02:00
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