Home EUR/GBP Technical Analysis: pair could hit fresh one-month low below 0.8944
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EUR/GBP Technical Analysis: pair could hit fresh one-month low below 0.8944

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Published date:

The EUR/GBP pair could drop below 0.8944 in the next day or two – the lowest level since Dec. 7 – according to technical charts.

Daily chart

  • The violation of the rising trendline and the bearish crossover between the 5- and 10-day moving averages (MAs) seen in the above chart indicates the path of least resistance is to the downside. Also supporting the bear case if the bearish crossover on the MACD.

Trend: Bearish

EUR/GBP

Overview:
       Today Last Price:  0.8966
       Today Daily change:  -21  pips
       Today Daily change %:  -0.234%
       Today Daily Open:  0.8987
Trends:
       Previous Daily SMA20:  0.8999
       Previous Daily SMA50:  0.8906
       Previous Daily SMA100:  0.8902
       Previous Daily SMA200:  0.8857
Levels:
       Previous Daily High:  0.8993
       Previous Daily Low:  0.8952
       Previous Weekly High:  0.9119
       Previous Weekly Low:  0.8927
       Previous Monthly High:  0.9089
       Previous Monthly Low:  0.8863
       Previous Daily Fibonacci 38.2%:  0.8977
       Previous Daily Fibonacci 61.8%:  0.8968
       Previous Daily Pivot Point S1:  0.8962
       Previous Daily Pivot Point S2:  0.8936
       Previous Daily Pivot Point S3:  0.8921
       Previous Daily Pivot Point R1:  0.9003
       Previous Daily Pivot Point R2:  0.9018
       Previous Daily Pivot Point R3:  0.9044

 

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