Home EUR/GBP Technical Analysis: DXY bulls drive the market to 95.63 resistance
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EUR/GBP Technical Analysis: DXY bulls drive the market to 95.63 resistance

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).

EUR/GBP 4-hour chart

  • EUR/GBP is trading below the 100 and 200 SMA on the 4-hour chart.

EUR/GBP 30-minute chart

  • EUR/GBP found resistance at the 0.8760 resistance and bears stepped in and drove the market below the 50 and 100 SMA.
  • At this stage, it seems that bulls are running out of steam and a drop to 0.8690 and 0.8650 can potentially be on the cards in  the coming sessions.  

Additional key levels

EUR/GBP

Overview:
       Today Last Price:  0.873
       Today Daily change: -31  pips
       Today Daily change %:  -0.35%
       Today Daily Open:  0.8761
Trends:
       Daily SMA20:  0.8846
       Daily SMA50:  0.8913
       Daily SMA100:  0.8874
       Daily SMA200:  0.8866
Levels:
       Previous Daily High:  0.8765
       Previous Daily Low:  0.8714
       Previous Weekly High:  0.8864
       Previous Weekly Low:  0.8617
       Previous Monthly High:  0.9089
       Previous Monthly Low:  0.8863
       Daily Fibonacci 38.2%:  0.8746
       Daily Fibonacci 61.8%:  0.8734
       Daily Pivot Point S1:  0.8729
       Daily Pivot Point S2:  0.8696
       Daily Pivot Point S3:  0.8678
       Daily Pivot Point R1:  0.878
       Daily Pivot Point R2:  0.8798
       Daily Pivot Point R3:  0.883

 

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