Home EUR/GBP Technical Analysis: Euro sinking to 14-month’s low against Sterling
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EUR/GBP Technical Analysis: Euro sinking to 14-month’s low against Sterling

EUR/GBP daily chart

  • EUR/GBP is in a sideways trend below its main simple moving averages (SMAs).  
  • EUR/GBP is dropping to 14-month’s low.

EUR/GBP 4-hour chart

  • EUR/GBP is drifting down below its main SMAs suggesting bearish momentum in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is in free fall suggesting continued weakness.
  • Extremely strong support is expected at 0.8530 level  and investors might want  to pay close  attention at that price level.  
  • Resistance is at 0.8620 and 0.8665 level.

 

Additional key levels  

EUR/GBP

Overview:
       Today Last Price:  0.8564
       Today Daily change:  -108  pips
       Today Daily change %:  -1.25%
       Today Daily Open:  0.8672
Trends:
       Daily SMA20:  0.8748
       Daily SMA50:  0.8848
       Daily SMA100:  0.8849
       Daily SMA200:  0.8863
Levels:
       Previous Daily High:  0.8702
       Previous Daily Low:  0.8662
       Previous Weekly High:  0.8768
       Previous Weekly Low:  0.8665
       Previous Monthly High:  0.9119
       Previous Monthly Low:  0.8617
       Daily Fibonacci 38.2%:  0.8677
       Daily Fibonacci 61.8%:  0.8686
       Daily Pivot Point S1:  0.8655
       Daily Pivot Point S2:  0.8639
       Daily Pivot Point S3:  0.8616
       Daily Pivot Point R1:  0.8695
       Daily Pivot Point R2:  0.8718
       Daily Pivot Point R3:  0.8734

 

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