EUR/GBP Technical Analysis: Euro trapped near 0.8770 for the 5th consecutive day

EUR/GBP daily chart

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

EUR/GBP4-hour chart

  • EUR/GBP is trading between the 100 and 200 SMAs on the 4-hour chart suggesting a sideways market in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is trading between the 50 and 200 SMAs on the 30-minute chart suggesting a sideways market in the short-term.
  • A break above 0.8790 would lead to a move to 0.8820.
  • On the flip side, if bears break below 0.8740, the next supports to the downside is seen near 0.8720 and 0.8700 figure.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8773
    Today Daily change: -15 pips
    Today Daily change %: -0.17%
    Today Daily Open: 0.8788
Trends:
    Daily SMA20: 0.8757
    Daily SMA50: 0.8893
    Daily SMA100: 0.8861
    Daily SMA200: 0.8865
Levels:
    Previous Daily High: 0.8791
    Previous Daily Low: 0.8756
    Previous Weekly High: 0.8822
    Previous Weekly Low: 0.8726
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8778
    Daily Fibonacci 61.8%: 0.877
    Daily Pivot Point S1: 0.8766
    Daily Pivot Point S2: 0.8744
    Daily Pivot Point S3: 0.8731
    Daily Pivot Point R1: 0.88
    Daily Pivot Point R2: 0.8813
    Daily Pivot Point R3: 0.8835

 

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