EUR/GBP Price Analysis: Euro eyeing the 0.8800 figure vs. pound

EUR/GBP is navigating within familiar ranges.
EUR/GBP is slowly nearing the 0.8800 level.

Flavio Tosti Independent Analyst

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.

Resistances: 0.8800, 0.8850, 0.8900

Support: 0.8700, 0.8650, 0.8700, 0.8600

Additional key levels

EUR/GBP

Overview
Today last price	0.8769
Today Daily Change	0.0023
Today Daily Change %	0.26
Today daily open	0.8746

Trends
Daily SMA20	0.8738
Daily SMA50	0.8837
Daily SMA100	0.8653
Daily SMA200	0.8723

Levels
Previous Daily High	0.8757
Previous Daily Low	0.8698
Previous Weekly High	0.8796
Previous Weekly Low	0.8671
Previous Monthly High	0.8911
Previous Monthly Low	0.8671
Daily Fibonacci 38.2%	0.8734
Daily Fibonacci 61.8%	0.8721
Daily Pivot Point S1	0.8711
Daily Pivot Point S2	0.8675
Daily Pivot Point S3	0.8652
Daily Pivot Point R1	0.8769
Daily Pivot Point R2	0.8792
Daily Pivot Point R3	0.8828

Author

Flavio Tosti

Independent Analyst

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