Home EUR/GBP Technical Analysis: Target hit as Euro drops to the 0.8970 level – Next destination is the 0.8900 figure
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EUR/GBP Technical Analysis: Target hit as Euro drops to the 0.8970 level – Next destination is the 0.8900 figure

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend above a flat 200-day simple moving average.
  • As forecast, EUR/GBP dropped to the 0.8970 level.

EUR/GBP 4-hour chart

  • Euro is in correction mode after bulls bumped into a strong resistance at the 0.9100 figure.
  • The correction might not be over just yet.

EUR/GBP 30-minute chart

  • Resistance is 0.9000 figure.  
  • Traders can potentially expect a drop all the way to the 0.8900 figure as the 200 SMA has been broken to the downside.  

Additional key levels

EUR/GBP

Overview:
       Today Last Price:  0.8977
       Today Daily change:  -86  pips
       Today Daily change %:  -0.949%
       Today Daily Open:  0.9063
Trends:
       Previous Daily SMA20:  0.8898
       Previous Daily SMA50:  0.8836
       Previous Daily SMA100:  0.8889
       Previous Daily SMA200:  0.884
Levels:
       Previous Daily High:  0.907
       Previous Daily Low:  0.9006
       Previous Weekly High:  0.897
       Previous Weekly Low:  0.8863
       Previous Monthly High:  0.8932
       Previous Monthly Low:  0.8656
       Previous Daily Fibonacci 38.2%:  0.9045
       Previous Daily Fibonacci 61.8%:  0.903
       Previous Daily Pivot Point S1:  0.9023
       Previous Daily Pivot Point S2:  0.8982
       Previous Daily Pivot Point S3:  0.8959
       Previous Daily Pivot Point R1:  0.9086
       Previous Daily Pivot Point R2:  0.911
       Previous Daily Pivot Point R3:  0.915

 

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