EUR/GBP has traded for the most part of the week contained in the 0.8820-0.8870 range. The trend is sideways as buyers and sellers are in almost perfect equilibrium. Support is now once again the 0.8820 level. However, a beakout on either side of the range can happen anytime. The currency pair might be waiting for a fundamental catalyst, possibly from Brexit-related events or the European Central Bank. EUR/GBP 15-minute chart Spot rate: 0.8826 Relative change: 0.12% High: 0.8868 Low: 0.8825 Trend: Neutral Resistance 1: 0.8864-0.8870, weekly 50-period SMA and current weekly high Resistance 2: 0.8900 figure Resistance 3: 0.8967 March 7 high Support 1: 0.8823-0.8840 area, 200-day SMA and supply level Support 2: 0.8800 figure Support 3: 0.8780 daily 50-period SMA Support 4: 0.8764 June 8 low 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 Fitch downgrades Turkey to ‘BB’; outlook negative FX Street 5 years EUR/GBP has traded for the most part of the week contained in the 0.8820-0.8870 range. The trend is sideways as buyers and sellers are in almost perfect equilibrium. Support is now once again the 0.8820 level. However, a beakout on either side of the range can happen anytime. The currency pair might be waiting for a fundamental catalyst, possibly from Brexit-related events or the European Central Bank. EUR/GBP 15-minute chart Spot rate: 0.8826 Relative change: 0.12% High: … 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.
