EUR/GBP Technical Analysis: Euro bulls en route to the 0.8630 level

EUR/GBP daily chart

  • EUR/GBP is in a sideways trend below its main simple moving averages (SMAs). 
  • As forecast, EUR/GBP found strong support at the 0.8530 level to the pip.

EUR/GBP 4-hour chart

  • EUR/GBP is below its main SMAs suggesting bearish momentum in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP Is trading above its main SMAs suggesting bullish momentum. 
  • The target to the upside is 0.8630 and possibly 0.8660 if bulls gather enough steam.
  • Support is 0.8570 and 0.8530 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8601
    Today Daily change: 25 pips
    Today Daily change %: 0.29%
    Today Daily Open: 0.8576
Trends:
    Daily SMA20: 0.8722
    Daily SMA50: 0.8821
    Daily SMA100: 0.8843
    Daily SMA200: 0.886
Levels:
    Previous Daily High: 0.8586
    Previous Daily Low: 0.8536
    Previous Weekly High: 0.8768
    Previous Weekly Low: 0.8665
    Previous Monthly High: 0.8842
    Previous Monthly Low: 0.8529
    Daily Fibonacci 38.2%: 0.8567
    Daily Fibonacci 61.8%: 0.8555
    Daily Pivot Point S1: 0.8546
    Daily Pivot Point S2: 0.8516
    Daily Pivot Point S3: 0.8496
    Daily Pivot Point R1: 0.8596
    Daily Pivot Point R2: 0.8617
    Daily Pivot Point R3: 0.8647

 

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