EUR/GBP jumped 70 pips as the Bank of England delivered its dovish rate hike. EUR/GBP regained the 0.8900 level and is now trading above the 50, 100 and 200-period simple moving averages suggesting a mild bullish bias. However, EUR/GBP would need to surpass the 0.8937 July 31 high, to give extra-confirmation of the bullish momentum. EUR/GBP 15-minute chart Spot rate: 0.8910 Relative change: 0.31% High: 0.8926 Low: 0.8854 Trend: Bullish Resistance 1: 0.8920 supply level Resistance 2: 0.8937 July 31 high Resistance 3: 0.8957 July 20 high Resistance 4: 0.8967 March 7 high Resistance 5: 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 AUD/USD recovers from 2-week lows, steadies below 0.74 FX Street 5 years EUR/GBP jumped 70 pips as the Bank of England delivered its dovish rate hike. EUR/GBP regained the 0.8900 level and is now trading above the 50, 100 and 200-period simple moving averages suggesting a mild bullish bias. However, EUR/GBP would need to surpass the 0.8937 July 31 high, to give extra-confirmation of the bullish momentum. EUR/GBP 15-minute chart Spot rate: 0.8910 Relative change: 0.31% High: 0.8926 Low: … 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.
