- EUR/GBP reached a 4.5-month high this Wednesday EUR/GBP traded as high as 0.8933.
- EUR/GBP is now trading above its 50, 100 and 200-period simple moving averages suggesting bullish momentum.
- EUR/GBP next resistances to the upside are likely located near the current Wednesday’s high at 0.8933 and at 0.8967, March 7 high. Near-term supports are seen near the 0.8900 figure and 0.8868, 13 July high.
EUR/GBP 15-minute chart
Spot rate: 0.8914
Relative change: 0.26%
High: 0.8933
Low: 0.8874
Trend: Bullish
Resistance 1: 0.8933 July 18 high
Resistance 2: 0.8967 March 7 high
Resistance 3: 0.9013 November 12, 2017 high
Support 1: 0.8900 figure
Support 2: 0.8868, 13 July high
Support 2: 0.8840 supply level
Support 3: 0.8820-0.8840 area, 200-day SMA
Support 4: 0.8800 figure
Support 5: 0.8780 daily 50-period SMA
Support 6: 0.8764 June 8 low