EUR/GBP Technical Analysis: Euro bulls challenging 0.8580 key resistance

FX Street

Published date: 28 Mar. 2019 | 16:37

EUR/GBP daily

EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs).

EUR/GBP 4-hour chart

EUR/GBP is trading below its main SMAs suggesting a bearish bias in the medium-term.

EUR/GBP 30-minute chart

EUR/GBP is trading above its main SMAs suggesting a bullish momentum in the short-term.
EUR/GBP is challenging 0.8580 key resistance. A break above the level would open the doors to 0.8600 and 0.8650 resistances.
Support is now seen at 0.8530 and 0.8500 level.

Additional key levels

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