The EURGBP pair confirmed surrendering to the bearish bias domination by providing many negative closings below 0.9080 resistance, to notice recording the first negative targets at 0.8933.
Note that the consolidation of the moving average 55 above the current trades and stochastic attempt to reach 20 level will increase the negative pressures and allow the price to crawl below 0.8930 and reach the additional targets at 0.8920 and 0.8850 levels.
The expected trading range for today is between 0.9000 and 0.8920
The expected trend for today: Bearish