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EUR/GBP technical analysis: Euro challenging the 0.9000 figure against Pound

  • Euro/Pound bull trend remains intact as bulls attack the 0.9000 handle.
  • The level to beat for buyers is the 0.9000 figure followed by 0.9030.

 

EUR/GBP daily chart

 

EUR/GBP is trading in a bull leg above its main simple moving averages (SMAs). Buetrs are trying to break above the 0.9000 handle.

 

 

EUR/GBP 4-hour chart

 

The market is in a bull trend above the main SMAs. Bulls attacked the 0.9000 resistance but the market is currently unable to pierce above the resistance. If bulls break 0.9000, the next level of resistance is seen at 0.9030, according to the Technical Confluences Indicator.

 

 

EUR/GBP 30-minute chart

 

EUR/GBP is retreating from the daily highs. Support can be found near 0.8967 and 0.8955 according to the Technical Confluences Indicator.

 

Additional key levels

 

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