Home EUR/GBP Technical Analysis: The 0.8650 resistance is a tough nut to crack for bulls

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EUR/GBP Technical Analysis: The 0.8650 resistance is a tough nut to crack for bulls

FX Street

Published date: 16 Apr. 2019 | 16:02

EUR/GBP daily

EUR/GBP is trading in a bear trend below its 100 and 200 simple moving averages (SMAs).
EUR/GBP reclaimed the 50 SMA.

EUR/GBP 4-hour chart

EUR/GBP is trading above the main SMAs suggesting bullish momentum in the medium-term.

EUR/GBP 30-minute chart

EUR/GBP is once again rejecting the 0.8650 level. The bulls will need to break to reach 0.8690 level to the upside.
Looking down, support is at 0.8610, 0.8590 and 0.8560.

Additional key levels

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