- EUR/GBP bull trend is taking a breather as the market is trading down for the second consecutive day.
- EUR/GBP is trying to find some support at the 4-hour 200-period simple moving average and the bull trendline (blue dots) from June 21 near the 0.8940 support.
- Bulls need to keep the market above 0.8940 support in order to keep the bullish bias.
Spot rate: 0.8961
Relative change: -0.28%
High: 0.8992
Low: 0.8953
Main Trend: Bullish
Resistance 1: 0.8965 supply/demand level
Resistance 2: 0.9000 figure
Resistance 3: 0.9032 former 2018 high
Resistance 4: 0.9048 current 2018 high
Resistance 5: 0.9056 August 13, 2017 low
Resistance 6: 0.9100 figure
Resistance 7: 0.9121 September 10, 2017 high
Resistance 8: 0.9171 September 8, 2017 open
Support 1: 0.8940 August 14 high
Support 2: 0.8900 July 9 high
Support 3: 0.8868, 13 July high
Support 4: 0.8840 supply level
