Short term (Intraday)
0,8624. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.
We won't take a position. There is no trade configuration.
Resistances
0,8645 - 0,8655
Supports
0,8610 - 0,8575
Long term chart
EUR/GBP - Euro British Pound
updated 18 août 2009 05:19 GMT
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