EUR/GBP is trading in a bull trend above the 200-period simple moving average on the 4-hour chart. EUR/GBP is holding above 0.8850 as the 50 SMA crossed above the 100 SMA. Technical indicators remain bullish although the Stochastic is in oversold condition. The next level to break for bulls is 0.8900 followed by the 0.8950 level. Meanwhile, a break below 0.8800 would most likely be a warning signal for bulls. EUR/GBP 4-hour chart Spot rate: 0.8879 Relative change: 0.06% High: 0.8893 Low: 0.8861 Main Trend: Bullish Resistance 1: 0.8876 September 11 low Resistance 2: 0.8900 figure Resistance 3: 0.8950 figure Resistance 4: 0.9000 figure Support 1: 0.8876 September 11 low Support 2: 0.8847 September 20 low Support 3: 0.8800 figure Support 4: 0.8752 October 16 low Support 5: 0.8722 October 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 EUR/GBP forecast at 0.90 in 1M with upside risks – Rabobank FX Street 4 years EUR/GBP is trading in a bull trend above the 200-period simple moving average on the 4-hour chart. EUR/GBP is holding above 0.8850 as the 50 SMA crossed above the 100 SMA. Technical indicators remain bullish although the Stochastic is in oversold condition. The next level to break for bulls is 0.8900 followed by the 0.8950 level. Meanwhile, a break below 0.8800 would most likely be a warning signal for bulls. EUR/GBP 4-hour chart Spot rate: 0.8879 Relative change: 0.06% 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.
