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EUR/GBP Technical Analysis: Euro is trading at daily high and challenging the 0.8700 resistance ahead of Brexit votes

EUR/GBP daily chart

  • EUR/GBP is in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).
  • Last week, EUR/GBP tested the 2018 low.
  • EUR/GBP: Great two-way business as pound is thrashed around ahead of today's Brexit vote

EUR/GBP 4-hour chart

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

EUR/GBP 30-minute chart

  • EUR/GBP bulls are challenging the 0.8700 figure as the market regained its main SMAs. 
  • Bulls have a fair chance to overcome this resistance and if they win they can travel to the 0.8760 resistance in the coming sessions.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8692
    Today Daily change: 10 pips
    Today Daily change %: 0.12%
    Today Daily Open: 0.8682
Trends:
    Daily SMA20: 0.887
    Daily SMA50: 0.8919
    Daily SMA100: 0.8877
    Daily SMA200: 0.8866
Levels:
    Previous Daily High: 0.8697
    Previous Daily Low: 0.8636
    Previous Weekly High: 0.8864
    Previous Weekly Low: 0.8617
    Previous Monthly High: 0.9089
    Previous Monthly Low: 0.8863
    Daily Fibonacci 38.2%: 0.8674
    Daily Fibonacci 61.8%: 0.8659
    Daily Pivot Point S1: 0.8646
    Daily Pivot Point S2: 0.861
    Daily Pivot Point S3: 0.8585
    Daily Pivot Point R1: 0.8708
    Daily Pivot Point R2: 0.8733
    Daily Pivot Point R3: 0.8769

 

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