EUR/GBP Technical Analysis: Make-or-Break near 0.8680 resistance

EUR/GBP daily

  • EUR/GBP is trading in a bear trend below its 100 and 200 simple moving averages (SMAs).
  • EUR/GBP is approaching the 0.8700 figure as the market is trading above its 50 SMA.

EUR/GBP 4-hour chart

  • EUR/GBP formed a wedge pattern as bulls are still in charge. 

EUR/GBP 30-minute chart

  • EUR/GBP is consolidating in a small triangle above its main SMAs. 
  • A bull breakout above 0.8680 can lead all the up to 0.8720 resistance. 
  • Alternatively, if bears take the lead support is initially seen at 0.8650/40 and then at the 0.8610 level.

Additional key levels


Today last price 0.8665
Today Daily Change 0.0021
Today Daily Change % 0.24
Today daily open 0.8644
Daily SMA20 0.8597
Daily SMA50 0.8629
Daily SMA100 0.8768
Daily SMA200 0.8826
Previous Daily High 0.8662
Previous Daily Low 0.8621
Previous Weekly High 0.8658
Previous Weekly Low 0.859
Previous Monthly High 0.8724
Previous Monthly Low 0.847
Daily Fibonacci 38.2% 0.8646
Daily Fibonacci 61.8% 0.8636
Daily Pivot Point S1 0.8623
Daily Pivot Point S2 0.8602
Daily Pivot Point S3 0.8582
Daily Pivot Point R1 0.8663
Daily Pivot Point R2 0.8683
Daily Pivot Point R3 0.8704



Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD steady around 1.1240 in ultra-thin holiday's trading

The EUR/USD pair bounced some 20 pips from its weekly low during the Asian session, now mute around 1.1240 with most market's off today. Softer-than-expected US housing data passed unnoticed.


GBP/USD battling around 1.3000

The GBP/USD pair is heading nowhere fast after bottoming for the week at 1.2978, amid lack of progress in Brexit negotiations.  Encouraging UK data failed to trigger Pound's demand.


USD/JPY: On track to close in the middle of its 50-pip weekly range below 112

The USD/JPY pair remains frozen below the 112 handle in the NA session and there is no reason for it to make a meaningful move as investors are already enjoying the Easter holiday.


The Tale of the Prosperous Consumer-US Retail Sales

American consumers asserted the right to spend in a grand fashion in March boosting retail sales to the fastest expansion in 18 months as the booming job market put the shutdown marked holiday season to rest.

Read more

Gold Forecast: Eyes 8-month rising trendline after weakest weekly close since December

The troy ounce of the precious metal lost around $17 this week and now looks to record its lowest weekly close since the end of December near $1275.

Gold News