EUR/GBP reached a new monthly low at 0.9016 this Tuesday. The key level to beat for bears is the 0.9020/0.9007 support zone. EUR/GBP daily chart In August the market has been retracing down after peaking at the 0.9326 level. EUR/GBP almost reached the August 29, 2017 high at the 0.9307 level. EUR/GBP 4-hour chart The market is off the monthly lows still under bearish pressure. Sellers need a sustained break below 0.9020 and 0.9007 to generate a selloff towards 0.8945, according to the Technical Confluences Indicator. EUR/GBP 30-minute chart EUR/GBP is trading below its main SMAs suggesting bearish momentum in the near term. Immediate resistances are seen at 0.9037, 0.9050, 0.9067 and 0.9081, 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 US: Consumer confidence deteriorates slightly in August FX Street 4 years EUR/GBP reached a new monthly low at 0.9016 this Tuesday. The key level to beat for bears is the 0.9020/0.9007 support zone. EUR/GBP daily chart In August the market has been retracing down after peaking at the 0.9326 level. EUR/GBP almost reached the August 29, 2017 high at the 0.9307 level. EUR/GBP 4-hour chart The market is off the monthly lows still under bearish pressure. Sellers need a sustained break below 0.9020 and 0.9007 to generate a selloff towards 0.8945, according to the Technical Confluences Indicator. EUR/GBP 30-minute… 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.
