Home EUR/GBP Technical Analysis: Euro consolidating at daily lows near 0.8650 level

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EUR/GBP Technical Analysis: Euro consolidating at daily lows near 0.8650 level

FX Street

Updated: 18 Apr. 2019 | 16:47

EUR/GBP daily

EUR/GBP is trading in a bear trend below its 100 and 200 simple moving averages (SMAs).
EUR/GBP is approaching the 0.8700 figure as the market is trading above its 50 SMA.

EUR/GBP 4-hour chart

EUR/GBP is trading just above its 50 SMA.

EUR/GBP 30-minute chart

As discussed yesterday, the decline lead to 0.8650/40 support.
If 0.8640 holds, EUR/GBP is seen consolidating in the 0.8670-0.8640 range.
A break below 0.8640 would open the doors to 0.8610 support.

Additional key levels

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