» EUR/GBP - Euro British Pound, European Session - 09/05/08

0,7881. EUR GBP is in a range between 0,7830 and 0,7900. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..