EUR/GBP Technical Analysis: Euro bulls losing the 0.8700 figure

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 main SMAs on the 4-hour chart suggesting a bearish market in the medium-term.

EUR/GBP 30-minute chart

EUR/GBP is trading below the main SMAs suggesting bearish momentum in the short-term.
EUR/GBP is testing 0.8680. A break below the level would lead to 0.8660 and 0.8630 level.
Key resistance is seen at 0.8720 and 0.8760 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8693
    Today Daily change: 12 pips
    Today Daily change %: 0.14%
    Today Daily Open: 0.8681
Trends:
    Daily SMA20: 0.8745
    Daily SMA50: 0.8872
    Daily SMA100: 0.8854
    Daily SMA200: 0.8864
Levels:
    Previous Daily High: 0.8764
    Previous Daily Low: 0.8671
    Previous Weekly High: 0.8842
    Previous Weekly Low: 0.8743
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8707
    Daily Fibonacci 61.8%: 0.8729
    Daily Pivot Point S1: 0.8647
    Daily Pivot Point S2: 0.8612
    Daily Pivot Point S3: 0.8553
    Daily Pivot Point R1: 0.874
    Daily Pivot Point R2: 0.8799
    Daily Pivot Point R3: 0.8834

Author

Flavio Tosti

Independent Analyst

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