EUR/GBP Technical Analysis: Deadlock near 0.8850 level
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EUR/GBP Technical Analysis: Deadlock near 0.8850 level

EUR/GBP daily chart

  • EUR/GBP is trading just above its 50 and 200-day simple moving averages (SMAs).  
  • The market is rejecting the 100 SMA.  
  • Technical indicators keep a somewhat positive outlook.

EUR/GBP 4-hour chart

  • EUR/GBP tried to reach the 0.8900 figure but the 50 SMA blocked the intrady advance.  
  • The technical picture is weakening for bulls as another attempts to break below 0.8840 support can lead to a drop to 0.8790 support.  

EUR/GBP 30-minute chart

  • EUR/GBP is trapped between the 50-100 SMA and the 200 SMA.
  • EUR/GBP is set to remain in the current daily range for the remainder of the New York session.

Additional key levels


       Today Last Price:  0.886
       Today Daily change:  14  pips
       Today Daily change %:  0.158%
       Today Daily Open:  0.8846
       Previous Daily SMA20:  0.8807
       Previous Daily SMA50:  0.8831
       Previous Daily SMA100:  0.8884
       Previous Daily SMA200:  0.8836
       Previous Daily High:  0.8872
       Previous Daily Low:  0.8836
       Previous Weekly High:  0.8934
       Previous Weekly Low:  0.8839
       Previous Monthly High:  0.8942
       Previous Monthly Low:  0.8722
       Previous Daily Fibonacci 38.2%:  0.8858
       Previous Daily Fibonacci 61.8%:  0.885
       Previous Daily Pivot Point S1:  0.8831
       Previous Daily Pivot Point S2:  0.8816
       Previous Daily Pivot Point S3:  0.8795
       Previous Daily Pivot Point R1:  0.8866
       Previous Daily Pivot Point R2:  0.8887
       Previous Daily Pivot Point R3:  0.8902


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