- EUR/GBP main bull trend remains intact as bulls are printing new 2018 highs at the time of writing.
- EUR/GBP continues its ascent as the currency cross is progressing within a bull channel with rising 100 and 200-period simple moving averages. The new target is now 0.9100-0.9121 zone.
- A sustained bear breakout below 0.9000 would invalidate the bull bias.
EUR/GBP 15-minute chart
Spot rate: 0.9062
Relative change: 0.17%
High: 0.9064
Low: 0.9034
Main Trend: Bullish
Resistance 1: 0.9048 current 2018 high
Resistance 2: 0.9056 August 13, 2017 low
Resistance 3: 0.9100-0.9121 zone, figure and September 10, 2017 high
Support 1: 0.9032 former 2018 high
Support 2: 0.9000 figure
Support 3: 0.8965 supply/demand level
Support 4: 0.8940 August 14 high
Support 5: 0.8900 July 9 high
Support 6: 0.8868, 13 July high
Support 7: 0.8840 supply level
