EUR/GBP technical analysis: Euro off daily highs, trading below 0.9149 level

EUR/GBP is losing steam after peaking at the 0.9326 level.
The pullback down can extend towards the 0.9100 and 0.9082 supports.

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is extending the retracement down theme after peaking at 0.9326. The market almost reached the August 29, 2017 high at the 0.9307 level.

EUR/GBP 4-hour chart

EUR/GBP is losing steam below the 0.9149 resistance and the 50/100 SMAs. The market is set to decline towards 0.9100 and 0.9082, according to the Technical Confluences Indicator.

EUR/GBP 30-minute chart

EUR/GBP is under pressure below the 100/200 SMAs. Immediate resistances are seen at 0.9149, 0.9182 and 0.9230 according to the Technical Confluences Indicator.

Additional key levels

EUR/GBP

Overview
Today last price	0.9142
Today Daily Change	0.0014
Today Daily Change %	0.15
Today daily open	0.9128

Trends
Daily SMA20	0.9139
Daily SMA50	0.9027
Daily SMA100	0.8858
Daily SMA200	0.8827

Levels
Previous Daily High	0.9197
Previous Daily Low	0.909
Previous Weekly High	0.9326
Previous Weekly Low	0.909
Previous Monthly High	0.9192
Previous Monthly Low	0.8892
Daily Fibonacci 38.2%	0.9131
Daily Fibonacci 61.8%	0.9156
Daily Pivot Point S1	0.908
Daily Pivot Point S2	0.9032
Daily Pivot Point S3	0.8974
Daily Pivot Point R1	0.9187
Daily Pivot Point R2	0.9245
Daily Pivot Point R3	0.9293

Author

Flavio Tosti

Independent Analyst

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