“¢ The cross has been oscillating within a broader trading range over the past one-week or so, forming a rectangular chart pattern on the 1-hourly chart. “¢ With bulls managing to keep the cross above 100-hour SMA, positive short-term technical indicators support prospects for a bullish breakout. “¢ The BoE Governor Mark Carney and Deputy Governor Jon Cunliffe’s testimony followed by the key US jobs data might provide the required momentum to finally break through the trading range. EUR/GBP 1-hourly chat Spot rate: 0.8853 Daily Low: 0.8842 Trend: Sideways Resistance levels R1: 0.8865 (R1 daily pivot-point) R2: 0.8902 (over 4-month tops set last Monday) R3: 0.8935 (horizontal zone) Support levels S1: 0.8823 (200-day SMA) S2: 0.8801 (S2 daily pivot-point) S3: 0.8787 (100-day SMA) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China: Property price inflation ticks higher in June – Nomura FX Street 5 years "¢ The cross has been oscillating within a broader trading range over the past one-week or so, forming a rectangular chart pattern on the 1-hourly chart. "¢ With bulls managing to keep the cross above 100-hour SMA, positive short-term technical indicators support prospects for a bullish breakout. "¢ The BoE Governor Mark Carney and Deputy Governor Jon Cunliffe's testimony followed by the key US jobs data might provide the required momentum to finally break through the trading range. EUR/GBP 1-hourly chat Spot rate: 0.8853 Daily Low: 0.8842 Trend: Sideways Resistance levels R1:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
