“¢ Overnight bullish breakthrough a one-week-old trading range stalls near a descending trend-line resistance, extending from Oct. 2017 high through Nov. 2017 and March 2018 tops. “¢ Short-term technical indicators maintain their bullish bias and the fact that the cross remains comfortably above short/medium/long-term moving averages (50, 100 & 200-day) should help limit any meaningful corrective slide. “¢ Today’s release of the latest UK/final EZ consumer inflation figures will now be looked upon for fresh impetus and might attract some dip-buying interest at lower levels. EUR/GBP daily chart Spot rate: 0.8885 Daily High: 0.8896 Trend: Bullish Resistance R1: 0.8915 (overnight swing high) R2: 0.8961 (R2 daily pivot-point) R3: 0.9000 (psychological round figure mark) Support S1: 0.8860 (horizontal zone) S2: 0.8820 (200-day SMA) S3: 0.8806 (S2 daily pivot-point) 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 GBP/USD remains on the defensive, focus on 1.3040 – Commerzbank FX Street 5 years "¢ Overnight bullish breakthrough a one-week-old trading range stalls near a descending trend-line resistance, extending from Oct. 2017 high through Nov. 2017 and March 2018 tops. "¢ Short-term technical indicators maintain their bullish bias and the fact that the cross remains comfortably above short/medium/long-term moving averages (50, 100 & 200-day) should help limit any meaningful corrective slide. "¢ Today's release of the latest UK/final EZ consumer inflation figures will now be looked upon for fresh impetus and might attract some dip-buying interest at lower levels. EUR/GBP daily chart Spot rate: 0.8885 Daily… 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.
