EUR/GBP Technical Analysis: Euro dropping against the British Pound en route to the 0.8840 level

Flavio Tosti Independent Analyst

EUR/GBP 4-hour chart

EUR/GBP is trading in a bull trend above the 200-period simple moving average (SMA).
EUR/GBP slipped through the 0.8900 figure as technical indicators are weakening.
The next target to the downside is likely located near the 0.8840 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8861
    Today Daily change: -50 pips
    Today Daily change %: -0.561%
    Today Daily Open: 0.8911
Trends:
    Previous Daily SMA20: 0.8811
    Previous Daily SMA50: 0.8832
    Previous Daily SMA100: 0.8885
    Previous Daily SMA200: 0.8836
Levels:
    Previous Daily High: 0.8922
    Previous Daily Low: 0.884
    Previous Weekly High: 0.8934
    Previous Weekly Low: 0.8839
    Previous Monthly High: 0.8942
    Previous Monthly Low: 0.8722
    Previous Daily Fibonacci 38.2%: 0.8891
    Previous Daily Fibonacci 61.8%: 0.8871
    Previous Daily Pivot Point S1: 0.886
    Previous Daily Pivot Point S2: 0.8809
    Previous Daily Pivot Point S3: 0.8778
    Previous Daily Pivot Point R1: 0.8942
    Previous Daily Pivot Point R2: 0.8973
    Previous Daily Pivot Point R3: 0.9024

Author

Flavio Tosti

Independent Analyst

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