Home EUR/GBP Technical Analysis: Euro trapped near 0.8770 for the 5th consecutive day
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EUR/GBP Technical Analysis: Euro trapped near 0.8770 for the 5th consecutive day

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend below the 200-day simple moving averages (SMAs).

EUR/GBP4-hour chart

  • EUR/GBP is trading between the 100 and 200 SMAs on the 4-hour chart suggesting a sideways market in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is trading between the 50 and 200 SMAs on the 30-minute chart suggesting a sideways market in the short-term.
  • A break above 0.8790 would lead to a move to 0.8820.
  • On the flip side, if bears break below 0.8740, the next supports to the downside is seen near 0.8720 and 0.8700 figure.

Additional key levels

EUR/GBP

Overview:
       Today Last Price:  0.8773
       Today Daily change:  -15  pips
       Today Daily change %:  -0.17%
       Today Daily Open:  0.8788
Trends:
       Daily SMA20:  0.8757
       Daily SMA50:  0.8893
       Daily SMA100:  0.8861
       Daily SMA200:  0.8865
Levels:
       Previous Daily High:  0.8791
       Previous Daily Low:  0.8756
       Previous Weekly High:  0.8822
       Previous Weekly Low:  0.8726
       Previous Monthly High:  0.9119
       Previous Monthly Low:  0.8617
       Daily Fibonacci 38.2%:  0.8778
       Daily Fibonacci 61.8%:  0.877
       Daily Pivot Point S1:  0.8766
       Daily Pivot Point S2:  0.8744
       Daily Pivot Point S3:  0.8731
       Daily Pivot Point R1:  0.88
       Daily Pivot Point R2:  0.8813
       Daily Pivot Point R3:  0.8835

 

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