EUR/GBP Technical Analysis: Euro is trading above the 0.8800 figure against Sterling

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).
  • As forecast, the 0.8840 level got hit.

EUR/GBP 4-hour chart

  • The EUR/GBP currency cross is trading below its main SMAs while bulls recaptured the 0.8800 figure.

EUR/GBP 30-minute chart

  • As EUR/GBP is trading above its 100 and 200 SMA, the market is set to appreciate in the coming sessions.
  • The target to the upside is seen at 0.8920 and the 0.8970 level.
  • To the downside, investors can expect support at 0.8800 and 0.8760.

Additional key levels 

EUR/GBP

Overview:
    Today Last Price: 0.883
    Today Daily change: -0.0004 pips
    Today Daily change %: -0.05%
    Today Daily Open: 0.8834
Trends:
    Daily SMA20: 0.8956
    Daily SMA50: 0.893
    Daily SMA100: 0.8893
    Daily SMA200: 0.8865
Levels:
    Previous Daily High: 0.8841
    Previous Daily Low: 0.8764
    Previous Weekly High: 0.8988
    Previous Weekly Low: 0.8764
    Previous Monthly High: 0.9089
    Previous Monthly Low: 0.8863
    Daily Fibonacci 38.2%: 0.8812
    Daily Fibonacci 61.8%: 0.8793
    Daily Pivot Point S1: 0.8785
    Daily Pivot Point S2: 0.8736
    Daily Pivot Point S3: 0.8708
    Daily Pivot Point R1: 0.8862
    Daily Pivot Point R2: 0.889
    Daily Pivot Point R3: 0.8939

 

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