EUR/GBP is consolidating gains as the bulls are trying to resume the main bull trend while they are finding some suppport near the 0.8900 figure. EUR/GBP is a having a 61.8% Fibonacci retracement from the last bull leg (Sept. 20-21 move up). EUR/GBP bulls want to resume the bull trend and their first objective is to break above 0.8940 (August 14 high) to then target 0.9000 figure. A bear breakout below 0.8840 would invalidate the bullish bias. EUR/GBP 4-hour chart Spot rate: 0.8904 Relative change: -0.12% High: 0.8938 Low: 0.8884 Main Trend: Bullish Resistance 1: 0.8940 August 14 high Resistance 2: 0.8974 September 6 low Resistance 3: 0.9000 figure Resistance 4: 0.9032 August 9 high Resistance 5: 0.9100, current 2018 high Support 1: 0.8896 August 14 swing low Support 2: 0.8876 September 11 low Support 3: 0.8840 key level Support 4: 0.8800 figure 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 USD/MXN hits 1-week lows and consolidates around 18.80 FX Street 4 years EUR/GBP is consolidating gains as the bulls are trying to resume the main bull trend while they are finding some suppport near the 0.8900 figure. EUR/GBP is a having a 61.8% Fibonacci retracement from the last bull leg (Sept. 20-21 move up). EUR/GBP bulls want to resume the bull trend and their first objective is to break above 0.8940 (August 14 high) to then target 0.9000 figure. A bear breakout below 0.8840 would invalidate the bullish bias. EUR/GBP 4-hour chart Spot rate: 0.8904 Relative change: -0.12% … 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.
