The EURGBP pair started to form new negative waves, to keep its stability below the bearish channel’s resistance at 0.8595 and notice targeting some negative stations by touching 0.8504.
Note that the major indicators provide the negative momentum to ease the mission of breaking the initial support at 0.8490 soon and open the way to target the additional negative stations that might start at 0.8445 and 0.8400.
The expected trading range for today is between 0.8520 and 0.8445
Trend forecast: Bearish