EUR/GBP Technical Analysis: Euro above 0.8750 against Sterling

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is trading in a sideways trend below the 200-day simple moving averages (SMAs).

EUR/GBP 4-hour chart

EUR/GBP is trading below the 100 and 200 SMA on the 4-hour chart.

EUR/GBP 30-minute chart

EUR/GBP has bullish momentum on lower-time frames.
If the Euro bulls can break above 0.8780 key resistance, they can expect to reach 0.8840 level.
To the downside, support is near 0.8720 and 0.8660 level. Euro bulls will likely not take the lead this Monday.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8762
    Today Daily change: 2 pips
    Today Daily change %: 0.02%
    Today Daily Open: 0.876
Trends:
    Daily SMA20: 0.8822
    Daily SMA50: 0.8909
    Daily SMA100: 0.8871
    Daily SMA200: 0.8866
Levels:
    Previous Daily High: 0.8795
    Previous Daily Low: 0.8725
    Previous Weekly High: 0.8795
    Previous Weekly Low: 0.8636
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8768
    Daily Fibonacci 61.8%: 0.8752
    Daily Pivot Point S1: 0.8725
    Daily Pivot Point S2: 0.869
    Daily Pivot Point S3: 0.8655
    Daily Pivot Point R1: 0.8795
    Daily Pivot Point R2: 0.883
    Daily Pivot Point R3: 0.8865

Author

Flavio Tosti

Independent Analyst

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