EUR/GBP technical analysis: Euro trades above the 0.8900 handle against Pound


  • EUR/GBP bull trend remains intact. 
  • The level to beat for bulls is 0.8940. 

EUR/GBP daily

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

EUR/GBP 4-hour chart


The bull channel remains intact above the main simple moving averages (SMAs).

EUR/GBP 30-minute chart

EUR/GBP is trading above 0.8880 support and its main SMA. The path of least resistance is to the upside. Buyers can target 0.8940, 0.8970 and 0.9000 figure. Immediate support is seen at 0.8880 and 0.8850. 

Additional key levels

EUR/GBP

Overview
Today last price 0.8908
Today Daily Change 0.0006
Today Daily Change % 0.07
Today daily open 0.8902
 
Trends
Daily SMA20 0.8829
Daily SMA50 0.8703
Daily SMA100 0.8677
Daily SMA200 0.8783
Levels
Previous Daily High 0.8934
Previous Daily Low 0.8891
Previous Weekly High 0.8904
Previous Weekly Low 0.8824
Previous Monthly High 0.8876
Previous Monthly Low 0.8489
Daily Fibonacci 38.2% 0.8908
Daily Fibonacci 61.8% 0.8918
Daily Pivot Point S1 0.8884
Daily Pivot Point S2 0.8866
Daily Pivot Point S3 0.884
Daily Pivot Point R1 0.8927
Daily Pivot Point R2 0.8953
Daily Pivot Point R3 0.8971

 

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

EUR/USD flirts with 1.0700 post-US PMIs

EUR/USD flirts with 1.0700 post-US PMIs

EUR/USD maintains its daily gains and climbs to fresh highs near the 1.0700 mark against the backdrop of the resumption of the selling pressure in the Greenback, in the wake of weaker-than-expected flash US PMIs for the month of April.

EUR/USD News

GBP/USD surpasses 1.2400 on further Dollar selling

GBP/USD surpasses 1.2400 on further Dollar selling

Persistent bearish tone in the US Dollar lends support to the broad risk complex and bolsters the recovery in GBP/USD, which manages well to rise to fresh highs north of 1.2400 the figure post-US PMIs.

GBP/USD News

Gold trims losses on disappointing US PMIs

Gold trims losses on disappointing US PMIs

Gold (XAU/USD) reclaims part of the ground lost and pares initial losses on the back of further weakness in the Greenback following disheartening US PMIs prints.

Gold News

Here’s why Ondo price hit new ATH amid bearish market outlook Premium

Here’s why Ondo price hit new ATH amid bearish market outlook

Ondo price shows no signs of slowing down after setting up an all-time high (ATH) at $1.05 on March 31. This development is likely to be followed by a correction and ATH but not necessarily in that order.

Read more

Germany’s economic come back

Germany’s economic come back

Germany is the sick man of Europe no more. Thanks to its service sector, it now appears that it will exit recession, and the economic future could be bright. The PMI data for April surprised on the upside for Germany, led by the service sector.

Read more

Forex MAJORS

Cryptocurrencies

Signatures