EUR/GBP - Euro British Pound, European Session - 27/03/08
0,7882. EUR GBP is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a resistance below 0,7900. If the resistance is broken then the target will be 0,8000.
- Resistances
- 0,7900 - 0,7925
- Supports
- 0,7855 - 0,7810

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