Home EUR/GBP Technical Analysis: Euro erasing Thursday’s gains against Sterling
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EUR/GBP Technical Analysis: Euro erasing Thursday’s gains against Sterling

EUR/GBP daily chart

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

EUR/GBP 4-hour chart

  • EUR/GBP is trading between the 50 and 100 SMAs on the 4-hour chart suggesting a sideways market in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is trading below the main SMAs suggesting bearish momentum in the short-term.
  • EUR/GBP is back into the week’s range as it is trying to find support at 0.8760. Further down supports are seen near 0.8820 and 0.8800 figure.  
  • Resistance is seen at 0.8785, 0.8800 and 0.8820.

Additional key levels

EUR/GBP

Overview:
       Today Last Price:  0.8771
       Today Daily change:  -56  pips
       Today Daily change %:  -0.63%
       Today Daily Open:  0.8827
Trends:
       Daily SMA20:  0.8756
       Daily SMA50:  0.8889
       Daily SMA100:  0.8859
       Daily SMA200:  0.8865
Levels:
       Previous Daily High:  0.8842
       Previous Daily Low:  0.8752
       Previous Weekly High:  0.8822
       Previous Weekly Low:  0.8726
       Previous Monthly High:  0.9119
       Previous Monthly Low:  0.8617
       Daily Fibonacci 38.2%:  0.8808
       Daily Fibonacci 61.8%:  0.8787
       Daily Pivot Point S1:  0.8772
       Daily Pivot Point S2:  0.8718
       Daily Pivot Point S3:  0.8683
       Daily Pivot Point R1:  0.8862
       Daily Pivot Point R2:  0.8897
       Daily Pivot Point R3:  0.8951

 

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