EUR/GBP Technical Analysis: Euro bulls have a good chance to reach 0.8900 figure

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is trading above its 50 and 200-day simple moving averages (SMA).

EUR/GBP 4-hour chart

EUR/GBP found support at the 0.8850 level.

EUR/GBP 30-minute chart

EUR/GBP sold off on Brexit-related news.
The market is recovering with technical indicators slowly picking up.
The target for bulls is seen at 0.8900 figure.

Additional key levels:

EUR/GBP

Overview:
    Last Price: 0.8867
    Daily change: -44 pips
    Daily change: -0.494%
    Daily Open: 0.8911
Trends:
    Daily SMA20: 0.8812
    Daily SMA50: 0.8834
    Daily SMA100: 0.8884
    Daily SMA200: 0.8836
Levels:
    Daily High: 0.8926
    Daily Low: 0.8886
    Weekly High: 0.8906
    Weekly Low: 0.8656
    Monthly High: 0.8942
    Monthly Low: 0.8722
    Daily Fibonacci 38.2%: 0.8911
    Daily Fibonacci 61.8%: 0.8902
    Daily Pivot Point S1: 0.8889
    Daily Pivot Point S2: 0.8868
    Daily Pivot Point S3: 0.8849
    Daily Pivot Point R1: 0.893
    Daily Pivot Point R2: 0.8948
    Daily Pivot Point R3: 0.897

Author

Flavio Tosti

Independent Analyst

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