EUR/GBP Technical Analysis: Euro consolidating at daily lows near 0.8650 level

Flavio Tosti Independent Analyst

EUR/GBP daily

EUR/GBP is trading in a bear trend below its 100 and 200 simple moving averages (SMAs).
EUR/GBP is approaching the 0.8700 figure as the market is trading above its 50 SMA.

EUR/GBP 4-hour chart

EUR/GBP is trading just above its 50 SMA.

EUR/GBP 30-minute chart

As discussed yesterday, the decline lead to 0.8650/40 support.
If 0.8640 holds, EUR/GBP is seen consolidating in the 0.8670-0.8640 range.
A break below 0.8640 would open the doors to 0.8610 support.

Additional key levels

EUR/GBP

Overview
Today last price	0.8643
Today Daily Change	-0.0021
Today Daily Change %	-0.24
Today daily open	0.8664

Trends
Daily SMA20	0.8597
Daily SMA50	0.8626
Daily SMA100	0.8766
Daily SMA200	0.8825

Levels
Previous Daily High	0.8682
Previous Daily Low	0.8641
Previous Weekly High	0.8658
Previous Weekly Low	0.859
Previous Monthly High	0.8724
Previous Monthly Low	0.847
Daily Fibonacci 38.2%	0.8667
Daily Fibonacci 61.8%	0.8657
Daily Pivot Point S1	0.8642
Daily Pivot Point S2	0.8621
Daily Pivot Point S3	0.8601
Daily Pivot Point R1	0.8684
Daily Pivot Point R2	0.8704
Daily Pivot Point R3	0.8725

Author

Flavio Tosti

Independent Analyst

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