EUR/GBP Technical Analysis: Euro plummets to one-month lows on Brexit news
|EUR/GBP daily chart
- EUR/GBP is trading in a sideways trend below the 200-day simple moving averages (SMAs).
- EUR/GBP is falling as PM May is still looking to reopen the withdrawal agreement.
EUR/GBP 4-hour chart
- EUR/GBP is trading below the main SMAs on the 4-hour chart suggesting a bearish 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 testing 0.8720. A break below the level would lead to 0.8695 and 0.8660 level.
- Resistance is seen at 0.8740 and 0.8760 level.
Additional key levels
EUR/GBP
Overview:
Today Last Price: 0.8718
Today Daily change: -34 pips
Today Daily change %: -0.39%
Today Daily Open: 0.8752
Trends:
Daily SMA20: 0.875
Daily SMA50: 0.888
Daily SMA100: 0.8856
Daily SMA200: 0.8865
Levels:
Previous Daily High: 0.8768
Previous Daily Low: 0.8742
Previous Weekly High: 0.8842
Previous Weekly Low: 0.8743
Previous Monthly High: 0.9119
Previous Monthly Low: 0.8617
Daily Fibonacci 38.2%: 0.8758
Daily Fibonacci 61.8%: 0.8752
Daily Pivot Point S1: 0.874
Daily Pivot Point S2: 0.8728
Daily Pivot Point S3: 0.8713
Daily Pivot Point R1: 0.8766
Daily Pivot Point R2: 0.8781
Daily Pivot Point R3: 0.8793
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.