- EUR/GBP bulls are trying to support the market in order to keep the main bull trend going.
- EUR/GBP is trying to form a double bottom with August 31 low and by finding support just above the 0.8900 figure. The next bull target is seen at 0.9000 figure.
- A bear breakout below 0.8900 would invalidate the bullish bias.
Spot rate: 0.8950
Relative change: -0.47%
High: 0.9008
Low: 0.8913
Main Trend: Bullish
Resistance 1: 0.8965 supply/demand level
Resistance 1: 0.9000 figure
Resistance 2: 0.9030 September 3
Resistance 3: 0.9048 current 2018 high
Resistance 4: 0.9056 August 13, 2017 low
Resistance 5: 0.9100 figure
Resistance 6: 0.9121 September 10, 2017 high
Resistance 7: 0.9171 September 8, 2017 open
Support 1: 0.8940 August 14 high
Support 2: 0.8900 July 9 high
Support 3: 0.8868, 13 July high
Support 4: 0.8840 supply level