Home EUR/GBP Technical Analysis: Euro weakens against GBP as bears drive the market to 0.8900 figure
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EUR/GBP Technical Analysis: Euro weakens against GBP as bears drive the market to 0.8900 figure

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend above the 200-period simple moving average (SMA).
  • As forecast EUR/GBP broke down to the 0.8900 figure.

EUR/GBP 4-hour chart

  • EUR/GBP is trading at 2-month’s low.  

EUR/GBP 30-minute chart

  • EUR/GBP is trading below its main SMAs.
  • The momentum is bearish therefore a retest of 0.8900 and further weakness to 0.8840 can be on the cards.

 

Additional key levels

EUR/GBP

Overview:
       Today Last Price:  0.8913
       Today Daily change:  -11  pips
       Today Daily change %:  -0.123%
       Today Daily Open:  0.8924
Trends:
       Previous Daily SMA20:  0.8998
       Previous Daily SMA50:  0.8918
       Previous Daily SMA100:  0.8901
       Previous Daily SMA200:  0.8862
Levels:
       Previous Daily High:  0.9062
       Previous Daily Low:  0.8923
       Previous Weekly High:  0.9062
       Previous Weekly Low:  0.8923
       Previous Monthly High:  0.9089
       Previous Monthly Low:  0.8863
       Previous Daily Fibonacci 38.2%:  0.8976
       Previous Daily Fibonacci 61.8%:  0.9009
       Previous Daily Pivot Point S1:  0.8877
       Previous Daily Pivot Point S2:  0.8831
       Previous Daily Pivot Point S3:  0.8738
       Previous Daily Pivot Point R1:  0.9016
       Previous Daily Pivot Point R2:  0.9109
       Previous Daily Pivot Point R3:  0.9155

 

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