Home EUR/GBP Technical Analysis: Euro challenging the 0.8950 level ahead of the Brexit vote
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EUR/GBP Technical Analysis: Euro challenging the 0.8950 level ahead of the Brexit vote

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend above the 200-period simple moving average (SMA).
  • The Brexit vote at 20.00 GMT is likely to lead to high market volatility.

EUR/GBP 4-hour chart

  • EUR/GBP is trading below the 0.9000 figure and its main SMAs.  

EUR/GBP 30-minute chart

  • Bulls reclaimed the 0.8900 figure along with the 50 and 100 SMA.  
  • The level to beat to the upside is the 0.8966 level. A break above it would open the door to 0.9000 the figure.
  • To the downside, bears still have a chance to retest the 0.8900 figure.  

Additional key levels

EUR/GBP

Overview:
       Today Last Price:  0.8952
       Today Daily change:  39  pips
       Today Daily change %:  0.438%
       Today Daily Open:  0.8913
Trends:
       Previous Daily SMA20:  0.8994
       Previous Daily SMA50:  0.8922
       Previous Daily SMA100:  0.89
       Previous Daily SMA200:  0.8863
Levels:
       Previous Daily High:  0.8954
       Previous Daily Low:  0.8875
       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%:  0.8924
       Previous Daily Fibonacci 61.8%:  0.8905
       Previous Daily Pivot Point S1:  0.8874
       Previous Daily Pivot Point S2:  0.8836
       Previous Daily Pivot Point S3:  0.8796
       Previous Daily Pivot Point R1:  0.8953
       Previous Daily Pivot Point R2:  0.8992
       Previous Daily Pivot Point R3:  0.9031

 

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