EUR/GBP Technical Analysis: Euro plummets to one-month lows on Brexit news
EUR/GBP daily chart
- EUR/GBP is trading in a sideways trend below the 200-day simple moving averages (SMAs).
- EUR/GBP is falling as PM May is still looking to reopen the withdrawal agreement.
EUR/GBP 4-hour chart
- EUR/GBP is trading below the main SMAs on the 4-hour chart suggesting a bearish market 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 is testing 0.8720. A break below the level would lead to 0.8695 and 0.8660 level.
- Resistance is seen at 0.8740 and 0.8760 level.
Additional key levels
EUR/GBP
Overview:
Today Last Price: 0.8718
Today Daily change: -34 pips
Today Daily change %: -0.39%
Today Daily Open: 0.8752
Trends:
Daily SMA20: 0.875
Daily SMA50: 0.888
Daily SMA100: 0.8856
Daily SMA200: 0.8865
Levels:
Previous Daily High: 0.8768
Previous Daily Low: 0.8742
Previous Weekly High: 0.8842
Previous Weekly Low: 0.8743
Previous Monthly High: 0.9119
Previous Monthly Low: 0.8617
Daily Fibonacci 38.2%: 0.8758
Daily Fibonacci 61.8%: 0.8752
Daily Pivot Point S1: 0.874
Daily Pivot Point S2: 0.8728
Daily Pivot Point S3: 0.8713
Daily Pivot Point R1: 0.8766
Daily Pivot Point R2: 0.8781
Daily Pivot Point R3: 0.8793