EUR/GBP technical analysis: Euro under pressure against Sterling, trading sub-0.9149 level

EUR/GBP is under pressure after peaking at the 0.9326 level.
The retracement down can extend towards the 0.9100 and 0.9082 supports.

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is retracing down after peaking at the 0.9326 level. The market almost reached the August 29, 2017 high at the 0.9307 level.

EUR/GBP 4-hour chart

EUR/GBP is losing on the backfoot below the 0.9149 resistance and the 50/100 SMAs. The market is set to decline towards 0.9100 and 0.9082, according to the Technical Confluences Indicator.

EUR/GBP 30-minute chart

EUR/GBP is under pressure below the main SMAs. Immediate resistances are seen at 0.9149, 0.9182 and 0.9230 according to the Technical Confluences Indicator.

Additional key levels

EUR/GBP

Overview
Today last price	0.9138
Today Daily Change	0.0002
Today Daily Change %	0.02
Today daily open	0.9136

Trends
Daily SMA20	0.9146
Daily SMA50	0.9032
Daily SMA100	0.8864
Daily SMA200	0.8829

Levels
Previous Daily High	0.917
Previous Daily Low	0.9112
Previous Weekly High	0.9326
Previous Weekly Low	0.909
Previous Monthly High	0.9192
Previous Monthly Low	0.8892
Daily Fibonacci 38.2%	0.9148
Daily Fibonacci 61.8%	0.9134
Daily Pivot Point S1	0.9109
Daily Pivot Point S2	0.9081
Daily Pivot Point S3	0.9051
Daily Pivot Point R1	0.9167
Daily Pivot Point R2	0.9197
Daily Pivot Point R3	0.9225

Author

Flavio Tosti

Independent Analyst

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