“¢ Bears struggled to push it through a short-term descending channel formation on hourly charts. “¢ Momentum beyond 0.8765 to open room for further gains towards the 0.8800 handle. “¢ Risks losing bullish momentum only if weakens back below 0.8725 horizontal zone. EUR/GBP 4-hourly chart Spot rate: 0.8756 Daily Low: 0.8698 Trend: Bullish Support 1: 0.8717 (daily pivot point) Support 2: 0.8698 (one month low) Support 3: 0.8621 (April 17 low) Resistance 1: 0.8774 (R3 daily pivot) Resistance 2: 0.8796 (100-day SMA) Resistance 3: 0.8857 (200-day SMA) 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 still targets 1.3588/97 in the longer run – Commerzbank FX Street 5 years "¢ Bears struggled to push it through a short-term descending channel formation on hourly charts. "¢ Momentum beyond 0.8765 to open room for further gains towards the 0.8800 handle. "¢ Risks losing bullish momentum only if weakens back below 0.8725 horizontal zone. EUR/GBP 4-hourly chart Spot rate: 0.8756 Daily Low: 0.8698 Trend: Bullish Support 1: 0.8717 (daily pivot point) Support 2: … 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.
