EUR/GBP Technical Analysis: Euro bulls challenge the 0.8700 figure
EUR/GBP daily chart
- EUR/GBP is in in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).
- EUR/GBP tested the 2018 low last week.
EUR/GBP 4-hour chart
- EUR/GBP is trading below its main SMAs, suggesting bearish momentum in the medium-term.
EUR/GBP 30-minute chart
- EUR/GBP is finding resistance at the 0.8700 figure and the 200 SMA. If bears can keep the pressure the market should revisit 0.8860, 0.8640 and 0.8620 support.
- On the flip side, if Euro bulls push through 0.8700 resistance it can open the gates to 0.8760 and 0.8820 resistance.
Additional key levels
EUR/GBP
Overview:
Today Last Price: 0.8688
Today Daily change: 49 pips
Today Daily change %: 0.57%
Today Daily Open: 0.8639
Trends:
Daily SMA20: 0.8886
Daily SMA50: 0.8924
Daily SMA100: 0.8879
Daily SMA200: 0.8866
Levels:
Previous Daily High: 0.8684
Previous Daily Low: 0.8617
Previous Weekly High: 0.8864
Previous Weekly Low: 0.8617
Previous Monthly High: 0.9089
Previous Monthly Low: 0.8863
Daily Fibonacci 38.2%: 0.8643
Daily Fibonacci 61.8%: 0.8658
Daily Pivot Point S1: 0.861
Daily Pivot Point S2: 0.858
Daily Pivot Point S3: 0.8544
Daily Pivot Point R1: 0.8676
Daily Pivot Point R2: 0.8713
Daily Pivot Point R3: 0.8742