EUR/GBP Technical Analysis: Euro erases daily gains against Sterling


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EUR/GBP daily chart

  • EUR/GBP is trading near 0.8700 figure. 
  • EUR/GBP is in a sideways trend below the 200-day simple moving averages (SMA).

EUR/GBP 4-hour chart

  • EUR/GBP is trading below the main SMAs suggesting a bearish bias in the medium-term.

EUR/GBP 30-minute chart

  • EUR/GBP is trading below the main SMAs suggesting bearish momentum in the short-term.
  • EUR/GBP bears want to drive the market to 0.8680. A break below the level could lead to 0.8660 and 0.8630 level.
  • To the upside, resistance is seen at 0.8720 and 0.8760 level. 

Additional key levels:

EUR/GBP

Overview:
    Today Last Price: 0.8694
    Today Daily change: -3 pips
    Today Daily change %: -0.03%
    Today Daily Open: 0.8697
Trends:
    Daily SMA20: 0.8746
    Daily SMA50: 0.8861
    Daily SMA100: 0.8851
    Daily SMA200: 0.8864
Levels:
    Previous Daily High: 0.8705
    Previous Daily Low: 0.8665
    Previous Weekly High: 0.8842
    Previous Weekly Low: 0.8743
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.869
    Daily Fibonacci 61.8%: 0.868
    Daily Pivot Point S1: 0.8673
    Daily Pivot Point S2: 0.8649
    Daily Pivot Point S3: 0.8633
    Daily Pivot Point R1: 0.8713
    Daily Pivot Point R2: 0.8729
    Daily Pivot Point R3: 0.8753