EUR/GBP Technical Analysis: Euro at daily lows against Sterling


EUR/GBP daily

  • EUR/GBP is trading in a sideways trend below its main simple moving averages (SMAs).


EUR/GBP 4-hour chart

  • EUR/GBP is trading below the main SMAs suggesting consolidation in the medium-term.


EUR/GBP 30-minute chart

  • EUR/GBP is trading below its main SMAs suggesting bearish momentum in the short-term.
  • A break below 0.8550 can lead to 0.8500 key support.
  • Resistances are seen at 0.8580, 0.8600 and 0.8650 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8561
    Today Daily change: -72 pips
    Today Daily change %: -0.83%
    Today Daily Open: 0.8633
Trends:
    Daily SMA20: 0.865
    Daily SMA50: 0.8757
    Daily SMA100: 0.8827
    Daily SMA200: 0.8854
Levels:
    Previous Daily High: 0.8655
    Previous Daily Low: 0.8475
    Previous Weekly High: 0.8656
    Previous Weekly Low: 0.8536
    Previous Monthly High: 0.8842
    Previous Monthly Low: 0.8529
    Daily Fibonacci 38.2%: 0.8586
    Daily Fibonacci 61.8%: 0.8544
    Daily Pivot Point S1: 0.8521
    Daily Pivot Point S2: 0.8408
    Daily Pivot Point S3: 0.8341
    Daily Pivot Point R1: 0.87
    Daily Pivot Point R2: 0.8767
    Daily Pivot Point R3: 0.888

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

EUR/USD nears 1.0800 on broad US Dollar weakness

EUR/USD nears 1.0800 on broad US Dollar weakness

Optimism continues to undermine demand for the American currency ahead of the weekly close. EUR/USD hovers around weekly highs just ahead of the 1.0900 figure.

EUR/USD News

GBP/USD reconquers 1.2500 with upbeat UK GDP

GBP/USD reconquers 1.2500 with upbeat UK GDP

Following BOE-inspired slump on Thursday, the British Pound changed course and trades around 1.2530. Better-than-anticipated UK GDP and a weaker USD behind the advance.

GBP/USD News

Gold resumes advance and trades above $2,370

Gold resumes advance and trades above $2,370

XAU/USD accelerated its recovery on Friday, as investors drop the USD. Dismal US employment-related figures revived hopes for a soon-to-come rate cut from the Fed.

Gold News

XRP tests support at $0.50 as Ripple joins alliance to work on blockchain recovery

XRP tests support at $0.50 as Ripple joins alliance to work on blockchain recovery

XRP trades around $0.5174 early on Friday, wiping out gains from earlier in the week, as Ripple announced it has joined an alliance to support digital asset recovery alongside Hedera and the Algorand Foundation. 

Read more

Week ahead – US inflation numbers to shake Fed rate cut bets

Week ahead – US inflation numbers to shake Fed rate cut bets

Fed rate-cut speculators rest hopes on US inflation data. After dovish BoE, pound traders turn to UK job numbers. Will a strong labor market convince the RBA to hike? More Chinese data on tap amid signs of slow Q2 start.

Read more

Forex MAJORS

Cryptocurrencies

Signatures