EUR/GBP Technical Analysis: Euro sinking to 14-month’s low against Sterling

EUR/GBP daily chart

  • EUR/GBP is in a sideways trend below its main simple moving averages (SMAs). 
  • EUR/GBP is dropping to 14-month's low.

EUR/GBP 4-hour chart

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

EUR/GBP 30-minute chart

  • EUR/GBP is in free fall suggesting continued weakness.
  • Extremely strong support is expected at 0.8530 level and investors might want to pay close attention at that price level. 
  • Resistance is at 0.8620 and 0.8665 level.

 

Additional key levels 

EUR/GBP

Overview:
    Today Last Price: 0.8564
    Today Daily change: -108 pips
    Today Daily change %: -1.25%
    Today Daily Open: 0.8672
Trends:
    Daily SMA20: 0.8748
    Daily SMA50: 0.8848
    Daily SMA100: 0.8849
    Daily SMA200: 0.8863
Levels:
    Previous Daily High: 0.8702
    Previous Daily Low: 0.8662
    Previous Weekly High: 0.8768
    Previous Weekly Low: 0.8665
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8677
    Daily Fibonacci 61.8%: 0.8686
    Daily Pivot Point S1: 0.8655
    Daily Pivot Point S2: 0.8639
    Daily Pivot Point S3: 0.8616
    Daily Pivot Point R1: 0.8695
    Daily Pivot Point R2: 0.8718
    Daily Pivot Point R3: 0.8734

 

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