EUR/GBP got a boost as GBP lost value after British Foreign Secretary Boris Johnson resigns. EUR/GBP is now facing some resistance at last week’s high near the 0.8870 level. The next targets for bulls are likely located near the 0.8900 figure and 0.8967 March 7 high. EUR/GBP price action remains choppy with a bullish bias, so deep pullbacks to the downside are to be expected. EUR/GBP 15-minute chart Spot rate: 0.8868 Relative change: 0.33% High: 0.8874 Low: 0.8813 Trend: Bullish Resistance 1: 0.8864-0.8870, weekly 50-period SMA and current weekly high Resistance 2: 0.8900 figure Resistance 3: 0.8967 March 7 high Support 1: 0.8822-0.8840 area, 200-day SMA and supply level Support 2: 0.8800 figure Support 3: 0.8780 daily 50-period SMA Support 4: 0.8764 June 8 low 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 GBP/JPY sinks 100 pips on Brexit angst, however, risk-on supports the cross at 50-hr SMA FX Street 3 years EUR/GBP got a boost as GBP lost value after British Foreign Secretary Boris Johnson resigns. EUR/GBP is now facing some resistance at last week's high near the 0.8870 level. The next targets for bulls are likely located near the 0.8900 figure and 0.8967 March 7 high. EUR/GBP price action remains choppy with a bullish bias, so deep pullbacks to the downside are to be expected. EUR/GBP 15-minute chart Spot rate: 0.8868 Relative change: 0.33% High: … Top 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.
