EUR/GBP Technical Analysis: Euro stabilizing above 0.8500 figure against Sterling

Flavio Tosti Independent Analyst

EUR/GBP daily

EUR/GBP is trading in a sideways trend below its main simple moving averages (SMAs).

EUR/GBP 4-hour chart

EUR/GBP is trading below the main SMAs suggesting a bearish bias in the medium-term.

EUR/GBP 30-minute chart

EUR/GBP is trading above its main SMAs suggesting bullish momentum in the short-term.
A break above 0.8580 might lead to 0.8600 and 0.8650 resistances.
Supports are seen at 0.8530, 0.8500 and 0.8440 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.856
    Today Daily change: 8 pips
    Today Daily change %: 0.09%
    Today Daily Open: 0.8552
Trends:
    Daily SMA20: 0.86
    Daily SMA50: 0.872
    Daily SMA100: 0.8813
    Daily SMA200: 0.8848
Levels:
    Previous Daily High: 0.8596
    Previous Daily Low: 0.851
    Previous Weekly High: 0.8678
    Previous Weekly Low: 0.847
    Previous Monthly High: 0.8842
    Previous Monthly Low: 0.8529
    Daily Fibonacci 38.2%: 0.8564
    Daily Fibonacci 61.8%: 0.8543
    Daily Pivot Point S1: 0.851
    Daily Pivot Point S2: 0.8467
    Daily Pivot Point S3: 0.8424
    Daily Pivot Point R1: 0.8596
    Daily Pivot Point R2: 0.8639
    Daily Pivot Point R3: 0.8682

Author

Flavio Tosti

Independent Analyst

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