EUR/GBP is trading in a bear trend below its 200-period simple moving average. EUR is losing three weeks of gains in the last two days as the bears are driving the market below the 0.8800 figure. The bias is bearish however, the RSI and Stochastic indicator are already in oversold territories. Targets to the downside can be located near 0.8752 (October 16 low) and 0.8722 (October low). EUR/GBP 4-hour chart Main Trend: Bearish Resistance 1: 0.8800 figure Resistance 2: 0.8847 September 20 low Resistance 3: 0.8847 September 20 low Resistance 4: 0.8876 September 11 low Resistance 5: 0.8900 figure Support 1: 0.8752 October 16 low Support 2: 0.8722 October low Support 3: 0.8700 figure Additional key levels at a glance: EUR/GBP Overview: Last Price: 0.8774 Daily change: -88 pips Daily change: -0.993% Daily Open: 0.8862 Trends: Daily SMA20: 0.8818 Daily SMA50: 0.8895 Daily SMA100: 0.8886 Daily SMA200: 0.8838 Levels: Daily High: 0.8934 Daily Low: 0.8843 Weekly High: 0.8897 Weekly Low: 0.8798 Monthly High: 0.8942 Monthly Low: 0.8722 Daily Fibonacci 38.2%: 0.8878 Daily Fibonacci 61.8%: 0.8899 Daily Pivot Point S1: 0.8825 Daily Pivot Point S2: 0.8788 Daily Pivot Point S3: 0.8733 Daily Pivot Point R1: 0.8917 Daily Pivot Point R2: 0.8972 Daily Pivot Point R3: 0.9009 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 Bitcoin Cash Technical Analysis: BCH/USD supported by key demand zone, $500 return eyed FX Street 4 years EUR/GBP is trading in a bear trend below its 200-period simple moving average. EUR is losing three weeks of gains in the last two days as the bears are driving the market below the 0.8800 figure. The bias is bearish however, the RSI and Stochastic indicator are already in oversold territories. Targets to the downside can be located near 0.8752 (October 16 low) and 0.8722 (October low). EUR/GBP 4-hour chart Main Trend: Bearish Resistance 1: 0.8800 figure Resistance 2: 0.8847 September… 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.
