EUR/GBP Technical Analysis: Euro trading below 0.8600 against Sterling

EUR/GBP daily

• EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs).

EUR/GBP 4-hour chart

• EUR/GBP is trading between the 100 and 200 SMAs suggesting a consolidation in the medium-term.

EUR/GBP 30-minute chart

• EUR/GBP is trading above its 200 SMAs suggesting a bullish bias in the short-term. 
• The level to beat for bulls is 0.8610 followed by 0.8650.
• To the downside, supports is 0.8570 and seen 0.8530 level.

Additional key levels