“¢ The cross built on its recent positive momentum and has now reversed all of its monthly losses to near four-month lows, touched earlier this month. “¢ The up-move has been along a short-term ascending trend-channel formation on the daily chart and now seems to have paused near the channel resistance. “¢ Technical indicators on hourly charts are still far from being in overbought territory and have also started catching up with the positive momentum on the daily chart. “¢ The set-up support prospects for an extension of the bullish move and the same will be confirmed on a sustained move beyond the trend-channel resistance. EUR/GBP 4-hourly chart EUR/GBP Overview: Last Price: 0.891 Daily change: 21 pips Daily change: 0.236% Daily Open: 0.8889 Trends: Daily SMA20: 0.8816 Daily SMA50: 0.8898 Daily SMA100: 0.8884 Daily SMA200: 0.8837 Levels: Daily High: 0.8902 Daily Low: 0.8868 Weekly High: 0.8897 Weekly Low: 0.8798 Monthly High: 0.9054 Monthly Low: 0.8848 Daily Fibonacci 38.2%: 0.8889 Daily Fibonacci 61.8%: 0.8881 Daily Pivot Point S1: 0.8871 Daily Pivot Point S2: 0.8853 Daily Pivot Point S3: 0.8837 Daily Pivot Point R1: 0.8905 Daily Pivot Point R2: 0.8921 Daily Pivot Point R3: 0.8939 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 EUR/USD prints fresh lows in the 1.1350 region ahead of German data FX Street 4 years "¢ The cross built on its recent positive momentum and has now reversed all of its monthly losses to near four-month lows, touched earlier this month. "¢ The up-move has been along a short-term ascending trend-channel formation on the daily chart and now seems to have paused near the channel resistance. "¢ Technical indicators on hourly charts are still far from being in overbought territory and have also started catching up with the positive momentum on the daily chart. "¢ The set-up support prospects for an extension of the bullish move… 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.
