EURGBP Price Analysis Expected Scenario The EURGBP price surrendered to the negative pressures in the last trading, to reach below 0.8490, settling within the minor bearish channel levels, suffering losses by reaching 0.8418. Forming a resistance for the minor bearish channel at 0.8480 level and providing negative momentum by stochastic will increase the negative pressures on the price, expecting to attack the extra initial support at 0.8390. Breaking it will make the price suffer new losses by reaching 0.8370 and 0.8345. Expected Trading Range Between 0.8470 support and 0.8370 resistance.

Trend Forecast: Bearish