The EUR/GBP tumbled into the 0.8800 handle over the last twenty-four hours, slipping from a near-term ceiling of 0.8930 as Euro traders freaked out over Italy budget finagling get caught sleeping by overshorted GBP bidders, further boosted by Brexit headlines in Thursday’s early trading hours. EUR/GBP, M5 The pair slipped past the 200-hour moving average looking further out, and the challenge for Euro traders will be to find a way back over the critical indicator currently sitting high above at 0.8860, while Pound buyers will be looking to reload on EUR/GBP short positions from the newfound resistance level. EUR/GBP, H1 The past six weeks have seen the EUR/GBP staging a bullish recovery from medium-term lows at the 0.8720 region, and the current week’s declines see the pair losing momentum around the 200-period moving average. EUR/GBP, H4 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 Vitalik Buterin explains what’s in Ethereum 2.0 upgrade; ETH/USD stays under $200 FX Street 4 years The EUR/GBP tumbled into the 0.8800 handle over the last twenty-four hours, slipping from a near-term ceiling of 0.8930 as Euro traders freaked out over Italy budget finagling get caught sleeping by overshorted GBP bidders, further boosted by Brexit headlines in Thursday's early trading hours. EUR/GBP, M5 The pair slipped past the 200-hour moving average looking further out, and the challenge for Euro traders will be to find a way back over the critical indicator currently sitting high above at 0.8860, while Pound buyers will be looking to reload on EUR/GBP short positions from the newfound resistance level. EUR/GBP, H1… 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.
