EURGBP Pair Analysis Expected Scenario The EURGBP pair has surrendered to the stability of the bearish channels resistance line at 0.8573. Additionally, the MA55 fluctuation near the resistance line has contributed to the activation of a negative attack, with the pair crawling towards 0.8535. Negative momentum signals from stochastic indicators are expected to increase the efficiency of the negative track. Next main target for negative trades is suggested to be around 0.8490. Expected Trading Range Between 0.8550 resistance and 0.8460 support.

Trend Forecast: Bearish