EUR/GBP Technical Analysis: Euro is blasting through 0.8700 resistance on Brexit vote

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is trading a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).
GBP is being sold across the board as UK lawmakers reject Cooper's 'extend article 50' amendment.

EUR/GBP 4-hour chart

EUR/GBP is testing the 50 SMA on the 4-hour chart.

EUR/GBP 30-minute chart

EUR/GBP jumped to the upside breaking 0.8700 figure and opening to doors to 0.8760 target.
Support is seen at the 0.8700 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8732
    Today Daily change: 50 pips
    Today Daily change %: 0.58%
    Today Daily Open: 0.8682
Trends:
    Daily SMA20: 0.887
    Daily SMA50: 0.8919
    Daily SMA100: 0.8877
    Daily SMA200: 0.8866
Levels:
    Previous Daily High: 0.8697
    Previous Daily Low: 0.8636
    Previous Weekly High: 0.8864
    Previous Weekly Low: 0.8617
    Previous Monthly High: 0.9089
    Previous Monthly Low: 0.8863
    Daily Fibonacci 38.2%: 0.8674
    Daily Fibonacci 61.8%: 0.8659
    Daily Pivot Point S1: 0.8646
    Daily Pivot Point S2: 0.861
    Daily Pivot Point S3: 0.8585
    Daily Pivot Point R1: 0.8708
    Daily Pivot Point R2: 0.8733
    Daily Pivot Point R3: 0.8769

Author

Flavio Tosti

Independent Analyst

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