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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 a bearish bias 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 0.8500 might lead to an extension of the current drop to 0.8440 support.
  • Resistances are seen at 0.8550, 0.8580 and 0.8650 level.


Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.851
    Today Daily change: -27 pips
    Today Daily change %: -0.32%
    Today Daily Open: 0.8537
Trends:
    Daily SMA20: 0.8622
    Daily SMA50: 0.8737
    Daily SMA100: 0.882
    Daily SMA200: 0.8851
Levels:
    Previous Daily High: 0.8563
    Previous Daily Low: 0.8489
    Previous Weekly High: 0.8656
    Previous Weekly Low: 0.8536
    Previous Monthly High: 0.8842
    Previous Monthly Low: 0.8529
    Daily Fibonacci 38.2%: 0.8535
    Daily Fibonacci 61.8%: 0.8517
    Daily Pivot Point S1: 0.8496
    Daily Pivot Point S2: 0.8456
    Daily Pivot Point S3: 0.8423
    Daily Pivot Point R1: 0.857
    Daily Pivot Point R2: 0.8603
    Daily Pivot Point R3: 0.8644

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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