|

EUR/GBP Technical Analysis: Euro reaches multi-week highs at 0.8820 against Pound

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend below the 200-day simple moving averages (SMAs).

EUR/GBP 4-hour chart

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

EUR/GBP 30-minute chart

  • EUR/GBP is finding resistance at the 0.8820 level. 
  • If EUR/GBP stays below 0.8820, support to the downside is now seen at the 0.8785 level. 


Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.881
    Today Daily change: 40 pips
    Today Daily change %: 0.46%
    Today Daily Open: 0.877
Trends:
    Daily SMA20: 0.8811
    Daily SMA50: 0.8907
    Daily SMA100: 0.8869
    Daily SMA200: 0.8866
Levels:
    Previous Daily High: 0.8776
    Previous Daily Low: 0.8726
    Previous Weekly High: 0.8795
    Previous Weekly Low: 0.8636
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8757
    Daily Fibonacci 61.8%: 0.8745
    Daily Pivot Point S1: 0.8738
    Daily Pivot Point S2: 0.8707
    Daily Pivot Point S3: 0.8688
    Daily Pivot Point R1: 0.8789
    Daily Pivot Point R2: 0.8808
    Daily Pivot Point R3: 0.8839

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

More from Flavio Tosti
Share:

Editor's Picks

EUR/USD stays below 1.1800 as markets await Fed speeches

EUR/USD remains trapped in a tight range below 1.1800 in the second half of the day on Tuesday. The pair struggles amid a modest US Dollar strength and an improvement in risk sentiment, even as US tariff uncertainty lingers. The focus now remains on comments from Federal Reserve officials.

GBP/USD stays defensive below 1.3500 as USD firms up

GBP/USD stays on the back foot below 1.3500 in the European trading hours on Tuesday. The pair declines as the US Dollar rebounds from losses recorded over the previous two sessions. Traders will focus on the US weekly ADP Employment Change and Consumer Confidence data due later in the day, along with speeches from Federal Reserve officials.

Gold retreats below $5,200 on renewed USD strength

Gold stages a deep correction following Monday's rally and trades below $5,200. Following the previous day's knee-jerk fall in reaction to US President Donald Trump's new global tariffs and the subsequent bounce, the US Dollar gathers strength and weighs on XAU/USD ahead of Fed policymakers' speeches. 

Dogecoin, Shiba Inu, and Pepe extend losses on bearish signals

Meme coins are facing renewed selling pressure amid fading broad risk-on sentiment so far this week, with Dogecoin, Shiba Inu, and Pepe extending their losses after recent corrections.

AI-scare trade and tariff uncertainty takes hold

It was quite a day, with AI-disruption fears and tariff uncertainty triggering a risk-off session. By now, it's nearly impossible to have missed the Supreme Court's 6-3 decision that struck down US President Donald Trump's reciprocal tariffs last Friday.

Dogecoin, Shiba Inu, and Pepe extend losses on bearish signals

Meme coins are facing renewed selling pressure amid fading broad risk-on sentiment so far this week, with Dogecoin, Shiba Inu, and Pepe extending their losses after recent corrections.