The EURGBP pair confirmed its surrender to the domination of the bearish bias by moving away from 0.8720 resistance line, to notice forming negative attack and settle below the moving average 55 near 0.8590.
Also, stochastic attempt to crawl below 50 level will increase the chances of gathering the additional negative momentum, to assist to reinforce the bearish track, to expect targeting 0.8480 followed by 0.8410 levels in the near term and medium term period.
The expected trading range for today is between 0.8590 and 0.8480
The expected trend for today: Bearish