EUR/GBP Technical Analysis: Euro is trading up near key resistance at 0.8780 level

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).

EUR/GBP 4-hour chart

EUR/GBP is trading below the 100 and 200 SMA on the 4-hour chart.

EUR/GBP 30-minute chart

EUR/GBP is having bullish momentum on lower-time frames.
If Euro bulls are able to break above 0.8780 key resistance, they can expect a run to 0.8840 level.
To the downside, support is at 0.8720 and 0.8660 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8761
    Today Daily change: 36 pips
    Today Daily change %: 0.41%
    Today Daily Open: 0.8725
Trends:
    Daily SMA20: 0.8831
    Daily SMA50: 0.8911
    Daily SMA100: 0.8872
    Daily SMA200: 0.8866
Levels:
    Previous Daily High: 0.8768
    Previous Daily Low: 0.8711
    Previous Weekly High: 0.8864
    Previous Weekly Low: 0.8617
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8733
    Daily Fibonacci 61.8%: 0.8746
    Daily Pivot Point S1: 0.8701
    Daily Pivot Point S2: 0.8678
    Daily Pivot Point S3: 0.8644
    Daily Pivot Point R1: 0.8758
    Daily Pivot Point R2: 0.8792
    Daily Pivot Point R3: 0.8815

Author

Flavio Tosti

Independent Analyst

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