EUR/GBP is trading in an uptrend above the 200-period simple on the 4-hour chart. EUR/GBP has been trading in a bull channel for the most part of October and it is now trying to breakout above the 0.8900 figure. Technical indicators show no slowing down of the current trend suggesting that a potential continuation up towards 0.8950 figure can be on the cards. However, a strong rejection of 0.8900 might lead to a correction to 0.8850 and the 200-period simple moving average. EUR/GBP 4-hour chart Main Trend: Bullish Resistance 1: 0.8900 figure Resistance 2: 0.8950 figure Resistance 3: 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 Additionnal key levels at a glance EUR/GBP Overview: Last Price: 0.8892 Daily change: 5.0 pips Daily change: 0.0563% Daily Open: 0.8887 Trends: Daily SMA20: 0.8816 Daily SMA50: 0.8899 Daily SMA100: 0.8883 Daily SMA200: 0.8836 Levels: Daily High: 0.8897 Daily Low: 0.8862 Weekly High: 0.8897 Weekly Low: 0.8798 Monthly High: 0.9054 Monthly Low: 0.8848 Daily Fibonacci 38.2%: 0.8883 Daily Fibonacci 61.8%: 0.8875 Daily Pivot Point S1: 0.8866 Daily Pivot Point S2: 0.8846 Daily Pivot Point S3: 0.8831 Daily Pivot Point R1: 0.8902 Daily Pivot Point R2: 0.8917 Daily Pivot Point R3: 0.8937 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’s Hammond: National living wage will rise by 4.9% in April 2019 FX Street 4 years EUR/GBP is trading in an uptrend above the 200-period simple on the 4-hour chart. EUR/GBP has been trading in a bull channel for the most part of October and it is now trying to breakout above the 0.8900 figure. Technical indicators show no slowing down of the current trend suggesting that a potential continuation up towards 0.8950 figure can be on the cards. However, a strong rejection of 0.8900 might lead to a correction to 0.8850 and the 200-period simple moving average. EUR/GBP 4-hour chart Main Trend: Bullish Resistance 1: … 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.
