Home EUR/GBP Technical Analysis: Euro under pressure below 0.8700 figure near 2-year’s lows
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EUR/GBP Technical Analysis: Euro under pressure below 0.8700 figure near 2-year’s lows

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).
  • The EUR/GBP currency cross tested the 2018 low last week.

EUR/GBP 4-hour chart

  • EUR/GBP is trading below its main SMAs, suggesting bearish momentum in the medium-term.  

EUR/GBP 30-minute chart

  • Bears are keeping EUR/GBP below its main SMAs suggesting a bearish bias.  
  • The market is testing the 0.8860 support and to the downside 0.8640 and 0.8620 can be next in line.
  • To the upside, investors will be looking at the 0.8700 and 0.8760 resistances.

Additional key levels

EUR/GBP

Overview:
       Today Last Price:  0.8662
       Today Daily change:  -20  pips
       Today Daily change %:  -0.23%
       Today Daily Open:  0.8682
Trends:
       Daily SMA20:  0.887
       Daily SMA50:  0.8919
       Daily SMA100:  0.8877
       Daily SMA200:  0.8866
Levels:
       Previous Daily High:  0.8697
       Previous Daily Low:  0.8636
       Previous Weekly High:  0.8864
       Previous Weekly Low:  0.8617
       Previous Monthly High:  0.9089
       Previous Monthly Low:  0.8863
       Daily Fibonacci 38.2%:  0.8674
       Daily Fibonacci 61.8%:  0.8659
       Daily Pivot Point S1:  0.8646
       Daily Pivot Point S2:  0.861
       Daily Pivot Point S3:  0.8585
       Daily Pivot Point R1:  0.8708
       Daily Pivot Point R2:  0.8733
       Daily Pivot Point R3:  0.8769

 

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