GBP had a small boost against EUR as UK PM May is going to take control of Brexit negotiations. EUR/GBP is still in a bearish correction following last week’s bull run. Bulls have just found some support at the 0.8900 figure which is also July 9 high. Failure to break below 0.8900 should lead to at least a continuation of the consolidation towards 0.8933 and at best the resumption of the bull trend above 0.8967 March 7 high. EUR/GBP 15-minute chart Spot rate: 0.8905 Relative change: -0.21% High: 0.8929 Low: 0.8899 Trend: Bullish / Bearish correction Resistance 1: 0.8933 July 18 high Resistance 2: 0.8967 March 7 highResistance 3: 0.9013 November 12, 2017 high Support 1: 0.8900 July 9 high Support 2: 0.8868, 13 July high Support 3: 0.8840 supply level Support 4: 0.8820-0.8840 area, 200-day SMA Support 5: 0.8800 figure Support 6: 0.8780 daily 50-period SMA Support 7: 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 Litecoin Technical Analysis: LTC/USD running with chunky gains, over 9%, as price extends upside momentum with bullish pennant breakout FX Street 5 years GBP had a small boost against EUR as UK PM May is going to take control of Brexit negotiations. EUR/GBP is still in a bearish correction following last week's bull run. Bulls have just found some support at the 0.8900 figure which is also July 9 high. Failure to break below 0.8900 should lead to at least a continuation of the consolidation towards 0.8933 and at best the resumption of the bull trend above 0.8967 March 7 high. EUR/GBP 15-minute chart Spot rate: 0.8905 Relative change: -0.21% … 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.
