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EUR/GBP Technical Analysis: Euro bears take the lead and break below the 0.8940 level

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend above the 200-period simple moving average (SMA).

EUR/GBP 4-hour chart

  • EUR/GBP is declining below its main SMAs. 

EUR/GBP 30-minute chart

  • EUR/GBP broke below the 0.8940 support opening the doors to 0.8900 and 0.8840 bearish targets in the coming sessions. 

  
Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8929
    Today Daily change: -92 pips
    Today Daily change %: -1.02%
    Today Daily Open: 0.9021
Trends:
    Previous Daily SMA20: 0.9001
    Previous Daily SMA50: 0.8915
    Previous Daily SMA100: 0.8903
    Previous Daily SMA200: 0.8861
Levels:
    Previous Daily High: 0.9061
    Previous Daily Low: 0.9012
    Previous Weekly High: 0.9119
    Previous Weekly Low: 0.8927
    Previous Monthly High: 0.9089
    Previous Monthly Low: 0.8863
    Previous Daily Fibonacci 38.2%: 0.9031
    Previous Daily Fibonacci 61.8%: 0.9042
    Previous Daily Pivot Point S1: 0.9002
    Previous Daily Pivot Point S2: 0.8982
    Previous Daily Pivot Point S3: 0.8953
    Previous Daily Pivot Point R1: 0.9051
    Previous Daily Pivot Point R2: 0.908
    Previous Daily Pivot Point R3: 0.91

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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