- EUR/GBP is in correction mode after it tested the 0.9090 resistance.
- GBP is weakening across the board as UK PM May survives the no-confidence vote.
- However, EUR/GBP is set to slide through the 200-period simple moving average and trade towards the 0.8920 level.
-636802478239014605.png)
Additional key levels
EUR/GBP
Overview:
Today Last Price: 0.9006
Today Daily change: -57 pips
Today Daily change %: -0.629%
Today Daily Open: 0.9063
Trends:
Previous Daily SMA20: 0.8898
Previous Daily SMA50: 0.8836
Previous Daily SMA100: 0.8889
Previous Daily SMA200: 0.884
Levels:
Previous Daily High: 0.907
Previous Daily Low: 0.9006
Previous Weekly High: 0.897
Previous Weekly Low: 0.8863
Previous Monthly High: 0.8932
Previous Monthly Low: 0.8656
Previous Daily Fibonacci 38.2%: 0.9045
Previous Daily Fibonacci 61.8%: 0.903
Previous Daily Pivot Point S1: 0.9023
Previous Daily Pivot Point S2: 0.8982
Previous Daily Pivot Point S3: 0.8959
Previous Daily Pivot Point R1: 0.9086
Previous Daily Pivot Point R2: 0.911
Previous Daily Pivot Point R3: 0.915
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
EUR/USD holds below 1.0750 ahead of key US data
EUR/USD trades in a tight range below 1.0750 in the European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground.
USD/JPY stays firm above 156.00 after BoJ Governor Ueda's comments
USD/JPY stays firm above 156.00 after surging above this level on the Bank of Japan's decision to leave the policy settings unchanged. BoJ Governor said weak Yen was not impacting prices but added that they will watch FX developments closely.
Gold price oscillates in a range as the focus remains glued to the US PCE Price Index
Gold price struggles to attract any meaningful buyers amid the emergence of fresh USD buying. Bets that the Fed will keep rates higher for longer amid sticky inflation help revive the USD demand.
Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium
Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.
US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets
The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase.