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EUR/GBP Technical Analysis: Euro enjoys a Friday pop to 0.8970 resistance

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend above a flat 200-day simple moving average.

EUR/GBP 4-hour chart

  • EUR/GBP reached the 0.8970 resistance. 

EUR/GBP 30-minute chart

  • EUR/GBP had a small Friday bull run to 0.8970 resistance. 
  • As technical indicators are overbought, the move up might retrace back down to 0.8940, 0.8923 and 0.8910 levels before the uptrend resumes. 

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8952
    Today Daily change: 51 pips
    Today Daily change %: 0.573%
    Today Daily Open: 0.8901
Trends:
    Previous Daily SMA20: 0.8855
    Previous Daily SMA50: 0.8829
    Previous Daily SMA100: 0.8886
    Previous Daily SMA200: 0.8839
Levels:
    Previous Daily High: 0.893
    Previous Daily Low: 0.8887
    Previous Weekly High: 0.8926
    Previous Weekly Low: 0.881
    Previous Monthly High: 0.8932
    Previous Monthly Low: 0.8656
    Previous Daily Fibonacci 38.2%: 0.8904
    Previous Daily Fibonacci 61.8%: 0.8914
    Previous Daily Pivot Point S1: 0.8882
    Previous Daily Pivot Point S2: 0.8863
    Previous Daily Pivot Point S3: 0.8838
    Previous Daily Pivot Point R1: 0.8925
    Previous Daily Pivot Point R2: 0.895
    Previous Daily Pivot Point R3: 0.8969

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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