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Technical analysis of EUR/GBP for July 10, 2018

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The EUR/GBP pair at 4-hour charts is still moving in a Bullish bias. This is already confirmed by the price still moving in an up slop channel and above the Moving Average Periode 50; however we've spotted the Divergence from the MACD Histogram with the price, as long as this pair does not break out and close bellow the 0.8799 the EUR/GBP pair will still be in a Bullish bias.

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The material has been provided by InstaForex Company - www.instaforex.com