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EUR/GBP Technical Analysis: Euro erasing Thursday’s gains against Sterling

EUR/GBP daily chart

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

EUR/GBP 4-hour chart

  • EUR/GBP is trading between the 50 and 100 SMAs on the 4-hour chart suggesting a sideways market in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is trading below the main SMAs suggesting bearish momentum in the short-term.
  • EUR/GBP is back into the week’s range as it is trying to find support at 0.8760. Further down supports are seen near 0.8740 and 0.8720 figure. 
  • Resistance is seen at 0.8785, 0.8800 and 0.8820.


Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8771
    Today Daily change: -56 pips
    Today Daily change %: -0.63%
    Today Daily Open: 0.8827
Trends:
    Daily SMA20: 0.8756
    Daily SMA50: 0.8889
    Daily SMA100: 0.8859
    Daily SMA200: 0.8865
Levels:
    Previous Daily High: 0.8842
    Previous Daily Low: 0.8752
    Previous Weekly High: 0.8822
    Previous Weekly Low: 0.8726
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8808
    Daily Fibonacci 61.8%: 0.8787
    Daily Pivot Point S1: 0.8772
    Daily Pivot Point S2: 0.8718
    Daily Pivot Point S3: 0.8683
    Daily Pivot Point R1: 0.8862
    Daily Pivot Point R2: 0.8897
    Daily Pivot Point R3: 0.8951

 

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