The DUP (Democratic Unionist Party) rejected the Brexit deal, alleviating, for now, the bullish pressure on the GBP. EUR/GBP is consolidating losses at multi-month lows, trading above the 0.8600 handle. EUR/GBP daily chart On the daily chart, EUR/GBP is trading in a bear trend below the main daily simple moving averages (DSMAs). This Thursday, the DUP (Democratic Unionist Party) rejected the Brexit deal, taming, for the time being, the bullish pressure on the GBP. EUR/GBP four-hour chart EUR/GBP is under bearish pressure below its main SMAs. Sellers need a daily break below the 0.8571 support in order to potentially target the 0.8500 handle on the way down. EUR/GBP 30-minute chart EUR/GBP is trading above the 50 and 100 SMAs, suggesting a sideways market in the near term. Resistances are can be seen at 0.8700/0.8720 price zone and the 0.8755 level, according to the Technical Confluences Indicator. Additional key levels 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 Four GBP/USD scenarios after the EU-UK Brexit deal Yohay Elam 4 years The DUP (Democratic Unionist Party) rejected the Brexit deal, alleviating, for now, the bullish pressure on the GBP. EUR/GBP is consolidating losses at multi-month lows, trading above the 0.8600 handle. EUR/GBP daily chart On the daily chart, EUR/GBP is trading in a bear trend below the main daily simple moving averages (DSMAs). This Thursday, the DUP (Democratic Unionist Party) rejected the Brexit deal, taming, for the time being, the bullish pressure on the GBP. EUR/GBP four-hour chart EUR/GBP is under bearish pressure below its main SMAs. Sellers need a daily break… 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.
