EUR/GBP is trading in a bear trend below its 200-period simple moving average. EUR/GBP has been under great bearish pressure in the last three days. In order the extend the bear trend sellers will need to overcome 0.8722 October low. Technical indicators are in ovesold condition suggesting a slowing down. The 0.8800 figure and 0.8847 (September 20 low) should act as resistance on any reversal attempt. 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: 0.8749 Daily change: -31 pips Daily change: -0.353% Daily Open: 0.878 Trends: Daily SMA20: 0.8814 Daily SMA50: 0.8885 Daily SMA100: 0.8887 Daily SMA200: 0.8838 Levels: Daily High: 0.8804 Daily Low: 0.8767 Weekly High: 0.8942 Weekly Low: 0.8757 Monthly High: 0.8942 Monthly Low: 0.8722 Daily Fibonacci 38.2%: 0.8789 Daily Fibonacci 61.8%: 0.8781 Daily Pivot Point S1: 0.8763 Daily Pivot Point S2: 0.8746 Daily Pivot Point S3: 0.8726 Daily Pivot Point R1: 0.88 Daily Pivot Point R2: 0.882 Daily Pivot Point R3: 0.8837 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 USD/CAD neutral/bullish, faces hurdle at 1.3180 – Scotiabank FX Street 4 years EUR/GBP is trading in a bear trend below its 200-period simple moving average. EUR/GBP has been under great bearish pressure in the last three days. In order the extend the bear trend sellers will need to overcome 0.8722 October low. Technical indicators are in ovesold condition suggesting a slowing down. The 0.8800 figure and 0.8847 (September 20 low) should act as resistance on any reversal attempt. EUR/GBP 4-hour chart Main Trend: Bearish Resistance 1: 0.8800 figure Resistance 2: 0.8847 September 20 low… 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.
