EUR/GBP is finding some footing near the October lows. The level to beat for bulls is the 0.8680 resistance. EUR/GBP daily chart EUR/GBP, on the daily chart, is trading in a downtrend below its main daily simple moving averages (DMAs). In the last weeks of trading, the euphoria of a Brexit deal sent the market below the 0.8600 handle. EUR/GBP four-hour chart EUR/GBP is trading below the 100 and 200 SMAs, suggesting a bearish bias in the medium term. In the medium term horizon, only a daily close below the 0.8575 support can potentially lead the market to the 0.8500 handle, according to the Technical Confluences Indicator. EUR/GBP 30-minute chart EUR/GBP is trading above its 200 SMA, suggesting a bullish bias in the near term. Next week bulls can try to reach the 0.8680, 0.8700 and 0.8720 on the way up, according to the Technical Confluences Indicator. Additional key levels 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 Huobi has raised another $4.6 million to fund even more expansion FX Street 3 years EUR/GBP is finding some footing near the October lows. The level to beat for bulls is the 0.8680 resistance. EUR/GBP daily chart EUR/GBP, on the daily chart, is trading in a downtrend below its main daily simple moving averages (DMAs). In the last weeks of trading, the euphoria of a Brexit deal sent the market below the 0.8600 handle. EUR/GBP four-hour chart EUR/GBP is trading below the 100 and 200 SMAs, suggesting a bearish bias in the medium term. In the medium term horizon, only a daily close below the 0.8575 support can… 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.
