| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The Eurozone single currency has declined by 0.73% against the British Pound since last week's trading sessions. The EUR/GBP currency pair tested the 0.8540 area on June 20.
All things being equal, the exchange rate could continue to edge lower during the following trading sessions. The potential target for sellers will be near the weekly support level at 0.8500.
However, the weekly S1 at 0.8545 could provide support for the currency exchange rate in the shorter term.