EUR/GBP technical analysis: Euro trades above the 0.8900 handle against Pound

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  • EUR/GBP bull trend remains intact. 
  • The level to beat for bulls is 0.8940. 

EUR/GBP daily

EUR/GBP is trading in a bull trend above its main simple moving averages (SMAs). 

EUR/GBP 4-hour chart

The bull channel remains intact above the main simple moving averages (SMAs).

EUR/GBP 30-minute chart

EUR/GBP is trading above 0.8880 support and its main SMA. The path of least resistance is to the upside. Buyers can target 0.8940, 0.8970 and 0.9000 figure. Immediate support is seen at 0.8880 and 0.8850. 

Additional key levels

 

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