EUR/GBP Technical Analysis: 0.8752 back on the Euro bulls radar as the market rebounds from the monthly low
|- EUR/GBP is trading in a bear trend below its 200-period simple moving average (SMA).
- EUR/GBP is currently supported above 0.8700 figure as the bulls are trying to steer the bear trend in the opposite direction. Technical indicators are gaining some bullish traction adding to the bullish constructive outlook for the coming sessions.
- Targets to the upside can be seen near 0.8752 (October 16 low) and 0.8800 figure.
Main Trend: Bearish
Resistance 1: 0.8752 October 16 low
Resistance 2: 0.8800 figure
Resistance 3: 0.8847 September 20 low
Resistance 4: 0.8876 September 11 low
Support 1: 0.8722 October low
Support 2: 0.8700 figure
Support 3: 0.8665 March 22 low
Support 4: 0.8600 figure
Additional key levels at a glance:
EUR/GBP
Overview:
Last Price: 0.8727
Daily change: 29 pips
Daily change: 0.333%
Daily Open: 0.8698
Trends:
Daily SMA20: 0.8807
Daily SMA50: 0.886
Daily SMA100: 0.8884
Daily SMA200: 0.8837
Levels:
Daily High: 0.874
Daily Low: 0.869
Weekly High: 0.8942
Weekly Low: 0.8757
Monthly High: 0.8942
Monthly Low: 0.8722
Daily Fibonacci 38.2%: 0.871
Daily Fibonacci 61.8%: 0.8721
Daily Pivot Point S1: 0.8679
Daily Pivot Point S2: 0.866
Daily Pivot Point S3: 0.8629
Daily Pivot Point R1: 0.8729
Daily Pivot Point R2: 0.876
Daily Pivot Point R3: 0.8779
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