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EUR/GBP Technical Analysis: Euro corrective slide targets the 0.8970 level

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend above a flat 200-day simple moving average.
  • Bulls tested the August high. 

EUR/GBP 4-hour chart

  • Euro bulls bumped into a strong resistance at 0.9100 figure.

EUR/GBP 30-minute 

  • EUR/GBP is most likely in corrective mode after the spike up of the last 24 hours.
  • Traders can expect mild support at 0.9000 as the market is likely set to trade down to the 0.8970 level next.

Additional key level

EUR/GBP

Overview:
    Today Last Price: 0.9017
    Today Daily change: -24 pips
    Today Daily change %: -0.265%
    Today Daily Open: 0.9041
Trends:
    Previous Daily SMA20: 0.8881
    Previous Daily SMA50: 0.8833
    Previous Daily SMA100: 0.8888
    Previous Daily SMA200: 0.884
Levels:
    Previous Daily High: 0.9089
    Previous Daily Low: 0.8958
    Previous Weekly High: 0.897
    Previous Weekly Low: 0.8863
    Previous Monthly High: 0.8932
    Previous Monthly Low: 0.8656
    Previous Daily Fibonacci 38.2%: 0.9039
    Previous Daily Fibonacci 61.8%: 0.9008
    Previous Daily Pivot Point S1: 0.897
    Previous Daily Pivot Point S2: 0.8898
    Previous Daily Pivot Point S3: 0.8838
    Previous Daily Pivot Point R1: 0.9101
    Previous Daily Pivot Point R2: 0.9161
    Previous Daily Pivot Point R3: 0.9233

 

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