EUR/GBP Technical Analysis: Euro blasting above 0.8800 figure against Pound

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 between the 100 and 200 SMAs on the 4-hour chart suggesting a sideways market in the medium-term.

EUR/GBP 30-minute chart

EUR/GBP is trading above the main SMAs suggesting bullish momentum in the short-term.
The level to break for bulls is 0.8840. The next level of resistance is seen at 0.8860.
On the flip side, supports are seen near 0.8820 and 0.8800 figure.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8833
    Today Daily change: 64 pips
    Today Daily change %: 0.73%
    Today Daily Open: 0.8769
Trends:
    Daily SMA20: 0.8753
    Daily SMA50: 0.8891
    Daily SMA100: 0.886
    Daily SMA200: 0.8865
Levels:
    Previous Daily High: 0.8796
    Previous Daily Low: 0.8743
    Previous Weekly High: 0.8822
    Previous Weekly Low: 0.8726
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8764
    Daily Fibonacci 61.8%: 0.8776
    Daily Pivot Point S1: 0.8743
    Daily Pivot Point S2: 0.8716
    Daily Pivot Point S3: 0.8689
    Daily Pivot Point R1: 0.8796
    Daily Pivot Point R2: 0.8823
    Daily Pivot Point R3: 0.8849

Author

Flavio Tosti

Independent Analyst

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