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

Flavio Tosti Independent Analyst

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

Independent Analyst

EUR/USD softens below 1.1800 on Fed hawkish remarks

The EUR/USD pair edges lower to around 1.1775 during the early Asian session on Wednesday, pressured by a renewed US Dollar demand. Traders await the US President Donald Trump's State of the Union address later on Wednesday for clarity on fiscal policies.

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold stays firm above $5,150 as Trump's delivers State of the Union speech

Gold finds fresh demand and regains the $5,150 level following the previous day's pullback from the monthly peak as traders assess Trump's State of the Union address. Trade-related uncertainties and geopolitical risks seem to act as a tailwind for the safe-haven bullion.

Hyperliquid registers mild gains following CoinShares' ETP launch

Hyperliquid registered a 3% gain on Tuesday after CoinShares announced the launch of its Physical Hyperliquid Staking exchange-traded product, offering investors exposure to the token's price and staking yields.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.