EUR/GBP is consolidating for the fourth day in a row. Bulls want to resume the bull trend but they need at least convincing break above 0.8937. On the flip side, bears want to keep the currency cross below the 200-period simple moving averages on the 15-minute chart and below 0.8937. A breakout below 0.8900 can lead to a test of 0.8868 and 0.8840 supply level. EUR/GBP 15-minute chart EUR/GBP daily chart Spot rate: 0.8923 Relative change: -0.19% High: 0.8948 Low: 0.8896 Main Trend: Bullish Resistance 1: 0.8937 July 31 high Resistance 2: 0.8957/67 area, July 20 high and March 7 high Resistance 3: 0.9019 August 9 high Resistance 4: 0.9109 September 8, 2017 low Resistance 5: 0.9160 August 23, 2017 low Support 1: 0.8920 supply level Support 2: 0.8900 July 9 high Support 3: 0.8868, 13 July high Support 4: 0.8840 supply level Support 5: 0.8820-0.8840 area, 200-day SMA Support 6: 0.8800 figure Support 7: 0.8780 daily 50-period SMA Support 8: 0.8764 June 8 low 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 Wall Street recovers on ebbing concerns FX Street 5 years EUR/GBP is consolidating for the fourth day in a row. Bulls want to resume the bull trend but they need at least convincing break above 0.8937. On the flip side, bears want to keep the currency cross below the 200-period simple moving averages on the 15-minute chart and below 0.8937. A breakout below 0.8900 can lead to a test of 0.8868 and 0.8840 supply level. EUR/GBP 15-minute chart EUR/GBP daily chart Spot rate: 0.8923 Relative change: -0.19% High: … 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.
