EURGBP - Technical Analysis: Tuesday, 06/01/2015 07:11 GMT

The price still stable inside the descending channel, and in process of retesting the previously broken intraday support line, which is supported by the exponential moving average 50.

Stochastic is positive now, and might push the price for some sideways fluctuation and attempts to test the descending channel’s resistance before turning back to decline again.