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

EUR/GBP

Overview
Today last price 0.8665
Today Daily Change 0.0021
Today Daily Change % 0.24
Today daily open 0.8644
 
Trends
Daily SMA20 0.8597
Daily SMA50 0.8629
Daily SMA100 0.8768
Daily SMA200 0.8826
Levels
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

 

 

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