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EUR/GBP Technical Analysis: Euro rises above 0.9000 figure against GBP - Can it last?

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend above a flat 200-day simple moving average.
  • EUR/GBP exceeded the 0.9000 round figure.

EUR/GBP 4-hour chart

  • The 0.9050 level is the new resistance to beat for bulls.

EUR/GBP 30-minute chart

  • On small time frames, the bullish momentum is slowing down, suggesting a potential pullback towards the 0.8970 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.9022
    Today Daily change: 67 pips
    Today Daily change %: 0.748%
    Today Daily Open: 0.8955
Trends:
    Previous Daily SMA20: 0.8865
    Previous Daily SMA50: 0.883
    Previous Daily SMA100: 0.8887
    Previous Daily SMA200: 0.8839
Levels:
    Previous Daily High: 0.897
    Previous Daily Low: 0.8888
    Previous Weekly High: 0.897
    Previous Weekly Low: 0.8863
    Previous Monthly High: 0.8932
    Previous Monthly Low: 0.8656
    Previous Daily Fibonacci 38.2%: 0.8939
    Previous Daily Fibonacci 61.8%: 0.892
    Previous Daily Pivot Point S1: 0.8906
    Previous Daily Pivot Point S2: 0.8856
    Previous Daily Pivot Point S3: 0.8823
    Previous Daily Pivot Point R1: 0.8988
    Previous Daily Pivot Point R2: 0.902
    Previous Daily Pivot Point R3: 0.907

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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