EUR/GBP main bull trend is taking a breather as the market is trapped in an endless pullback since September 21. EUR/GBP is now approaching September 20 low (0.8847) and it will be interesting to see if bulls can support the market above the 0.8847 level. The divergence on the RSI and Stochastics indicators suggest that bulls might start showing up in the near future. However, a bear breakout below 0.8847 would be seen as a negative for bulls. EUR/GBP 4-hour chart Spot rate: 0.8875 Relative change: -0.12% High: 0.8938 Low: 0.8884 Main Trend: Bullish Resistance 1: 0.8896 August 14 swing low Resistance 2: 0.8940 August 14 high Resistance 3: 0.8974 September 6 low Resistance 4: 0.9000 figure Resistance 5: 0.9032 August 9 high Resistance 6: 0.9100, current 2018 high Support 1: 0.8876 September 11 low Support 2: 0.8847 September 20 low Support 3: 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 UK data and Brexit rec-cap – Scotiabank FX Street 4 years EUR/GBP main bull trend is taking a breather as the market is trapped in an endless pullback since September 21. EUR/GBP is now approaching September 20 low (0.8847) and it will be interesting to see if bulls can support the market above the 0.8847 level. The divergence on the RSI and Stochastics indicators suggest that bulls might start showing up in the near future. However, a bear breakout below 0.8847 would be seen as a negative for bulls. EUR/GBP 4-hour chart Spot rate: 0.8875 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.
