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EUR/GBP technical analysis: Euro dipping to daily lows near 0.8900 figure

EUR/GBP daily

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

EUR/GBP 4-hour chart


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

EUR/GBP 30-minute chart

EUR/GBP is trading above 0.8880 and the 200 SMA. The path of least resistance remains to the upside. Bullish targets can be seen at 0.8940, 0.8970 and 0.9000 figure. Immediate support is at 0.8880 and 0.8850. 

Additional key levels

 

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