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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 downward pressure in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is under pressure as the currency cross trades below its main SMAs.  
  • A break below 0.8570 can open the doors to 0.8550 support.  
  • Resistances are currently at 0.8600 and 0.8620 level.


 

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