EUR/GBP Technical Analysis: Euro challenging the 0.8950 level ahead of the Brexit vote

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is trading in a bull trend above the 200-period simple moving average (SMA).
The Brexit vote at 20.00 GMT is likely to lead to high market volatility.

EUR/GBP 4-hour chart

EUR/GBP is trading below the 0.9000 figure and its main SMAs.

EUR/GBP 30-minute chart

Bulls reclaimed the 0.8900 figure along with the 50 and 100 SMA.
The level to beat to the upside is the 0.8966 level. A break above it would open the door to 0.9000 the figure.
To the downside, bears still have a chance to retest the 0.8900 figure.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8952
    Today Daily change: 39 pips
    Today Daily change %: 0.438%
    Today Daily Open: 0.8913
Trends:
    Previous Daily SMA20: 0.8994
    Previous Daily SMA50: 0.8922
    Previous Daily SMA100: 0.89
    Previous Daily SMA200: 0.8863
Levels:
    Previous Daily High: 0.8954
    Previous Daily Low: 0.8875
    Previous Weekly High: 0.9062
    Previous Weekly Low: 0.8923
    Previous Monthly High: 0.9089
    Previous Monthly Low: 0.8863
    Previous Daily Fibonacci 38.2%: 0.8924
    Previous Daily Fibonacci 61.8%: 0.8905
    Previous Daily Pivot Point S1: 0.8874
    Previous Daily Pivot Point S2: 0.8836
    Previous Daily Pivot Point S3: 0.8796
    Previous Daily Pivot Point R1: 0.8953
    Previous Daily Pivot Point R2: 0.8992
    Previous Daily Pivot Point R3: 0.9031

Author

Flavio Tosti

Independent Analyst

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