EUR/GBP - Euro British Pound
Short term (Intraday)
0,8057. 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. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The uptrend should continue to gather momentum. The target is expected at 0,8100. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 0,8060 - 0,8100
- Supports
- 0,8020 - 0,8000
updated 29 août 2008 06:18 GMT +02:00
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