- EUR/GBP is navigating within familiar ranges.
- EUR/GBP is slowly nearing the 0.8800 level.
EUR/GBP four-hour chart
EUR/GBP is confined within familiar ranges as the quote is trading below the 0.8800 level and the 200 SMA on the four-hour chart. However, this market has for now little to no directional bias while the overall bias remains bearish. Therefore a daily close below the 0.8700 figure can lead to further selling interest. Conversely, a break above the 0.8800 figure can see some more bullish traction.
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Resistances: 0.8800, 0.8850, 0.8900
Support: 0.8700, 0.8650, 0.8700, 0.8600
Additional key levels
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