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EUR/GBP daily

  • EUR/GBP is trading in a bear trend below its 100 and 200 simple moving averages (SMAs).
  • EUR/GBP is trading near its weekly lows as bears are hesistant to move the currency cross lower.

EUR/GBP 4-hour chart

  • EUR/GBP is rejecting its main 50 SMA suggesting a downward correction in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is trading below its main SMAs suggesting bearish momentum in the short-term.
  • A break below 0.8630 support can lead to 0.8600 the figure.  
  • Resistance is at 0.8650 and 0.8665 level.

Additional key levels