EUR/GBP Technical Analysis: Euro bulls pressuring 2-month’s highs and target 0.9000 figure

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend below the 50, 100 and 200-day simple moving averages (SMAs).
  • EUR/GBP is pressuring the October and November highs as bulls are targeting 0.9000 figure.

EUR/GBP 4-hour chart

  • EUR/GBP bulls want to close above 0.8900 on a daily closing basis. 
  • 0.8929 October high is the level to beat for bulls. A break above the level should lead to a run to 0.9000 figure.


EUR/GBP 30-minute chart

  • In the short-term, if bears break below 0.8900 it can lead to a pullback to the 0.8870 level.

Additional key levels 

EUR/GBP

Overview:
    Today Last Price: 0.8912
    Today Daily change: 27 pips
    Today Daily change %: 0.304%
    Today Daily Open: 0.8885
Trends:
    Previous Daily SMA20: 0.8816
    Previous Daily SMA50: 0.883
    Previous Daily SMA100: 0.8886
    Previous Daily SMA200: 0.8837
Levels:
    Previous Daily High: 0.8926
    Previous Daily Low: 0.886
    Previous Weekly High: 0.8926
    Previous Weekly Low: 0.881
    Previous Monthly High: 0.8932
    Previous Monthly Low: 0.8656
    Previous Daily Fibonacci 38.2%: 0.8885
    Previous Daily Fibonacci 61.8%: 0.8901
    Previous Daily Pivot Point S1: 0.8855
    Previous Daily Pivot Point S2: 0.8824
    Previous Daily Pivot Point S3: 0.8789
    Previous Daily Pivot Point R1: 0.8921
    Previous Daily Pivot Point R2: 0.8956
    Previous Daily Pivot Point R3: 0.8987

 

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