EUR/GBP - Euro British Pound, European Session - 30/05/08
0,7853. EUR GBP is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The downtrend should continue on 0,7830 (20 pips) support. We won’t take a position. […]
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