The EURGBP price continued forming a clear negative moves to move away from 0.8590 level, which forms an extra resistance against the bearish trading, to keep its stability within the main bearish channel levels.
Stochastic approach from the oversold level will increase the negative pressures, which provides a new negative momentum to wait for recording new negative targets by its decline below 0.8470 level and reaching to the support at 0.8348.
The expected trading range for today is between 0.8565 and 0.8470
The expected trend for today: Bearish