EUR/GBP New York Price Forecast: Euro confined in small ranges, trades near 0.8740 level

  • EUR/GBP is trading sideways within familiar ranges. 
  • EUR/GBP is currently supported above the 0.8700 figure. 

EUR/GBP four-hour chart 

EUR/GBP is trading within familiar ranges as the spot is trading below the 0.8750 level and the 200 SMA on the four-hour chart. EUR/GBP is currently trading sideways with little to no directional bias. However, the overall bias remains tilted to the downside and a daily close below the 0.8700 figure can attract further selling. On the flip side, a break above 0.8800 figure can lead to more up. 
Resistances: 0.8750, 0.8800, 0.8900
Support: 0.8700, 0.8650, 0.8700, 0.8600

Additional key levels


Today last price 0.8735
Today Daily Change 0.0021
Today Daily Change % 0.24
Today daily open 0.8714
Daily SMA20 0.8739
Daily SMA50 0.8831
Daily SMA100 0.865
Daily SMA200 0.8725
Previous Daily High 0.8765
Previous Daily Low 0.8691
Previous Weekly High 0.8796
Previous Weekly Low 0.8671
Previous Monthly High 0.8911
Previous Monthly Low 0.8671
Daily Fibonacci 38.2% 0.8719
Daily Fibonacci 61.8% 0.8737
Daily Pivot Point S1 0.8681
Daily Pivot Point S2 0.8649
Daily Pivot Point S3 0.8607
Daily Pivot Point R1 0.8756
Daily Pivot Point R2 0.8797
Daily Pivot Point R3 0.883



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