EUR/GBP Technical Analysis: Euro is trading above the 0.8800 figure against Sterling

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is trading in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).
As forecast, the 0.8840 level got hit.

EUR/GBP 4-hour chart

The EUR/GBP currency cross is trading below its main SMAs while bulls recaptured the 0.8800 figure.

EUR/GBP 30-minute chart

As EUR/GBP is trading above its 100 and 200 SMA, the market is set to appreciate in the coming sessions.
The target to the upside is seen at 0.8920 and the 0.8970 level.
To the downside, investors can expect support at 0.8800 and 0.8760.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.883
    Today Daily change: -0.0004 pips
    Today Daily change %: -0.05%
    Today Daily Open: 0.8834
Trends:
    Daily SMA20: 0.8956
    Daily SMA50: 0.893
    Daily SMA100: 0.8893
    Daily SMA200: 0.8865
Levels:
    Previous Daily High: 0.8841
    Previous Daily Low: 0.8764
    Previous Weekly High: 0.8988
    Previous Weekly Low: 0.8764
    Previous Monthly High: 0.9089
    Previous Monthly Low: 0.8863
    Daily Fibonacci 38.2%: 0.8812
    Daily Fibonacci 61.8%: 0.8793
    Daily Pivot Point S1: 0.8785
    Daily Pivot Point S2: 0.8736
    Daily Pivot Point S3: 0.8708
    Daily Pivot Point R1: 0.8862
    Daily Pivot Point R2: 0.889
    Daily Pivot Point R3: 0.8939

Author

Flavio Tosti

Independent Analyst

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