EUR/GBP daily
- EUR/GBP is evolving in a bear trend below its 100 and 200 simple moving averages (SMAs).
EUR/GBP 4-hour chart
- EUR/GBP is trading below its 50 SMA suggesting a downward correction in the medium-term.
EUR/GBP 30-minute chart
- EUR/GBP is grinding towards 0.8650 resistance and the 200 SMA.
- Bulls will need to break 0.8650 to claim further gains towards 0.8665 resistance.
- In the short-term, below 0.8650 resistance sellers can target 0.8630/20 and 0.8600 if the bears gather enough steam.
Additional key levels
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