Euro bulls challenging the October high

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend below the 50, 100 and 200-day simple moving averages (SMAs).
  • EUR/GBP broke above the October high on an intraday basis.

EUR/GBP 4-hour chart

  • EUR/GBP bulls objective is to close above 0.8900 on a daily closing basis. 
  • 0.8940, the October high is the level to beat for buyers. A break above the resistance level should lead to a run to 0.9000 figure.

EUR/GBP 30-minute chart

  • It would be constructive for bulls if the market can close above 0.8900 figure on a daily closing basis.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8936
    Today Daily change: 23 pips
    Today Daily change %: 0.258%
    Today Daily Open: 0.8913
Trends:
    Previous Daily SMA20: 0.8824
    Previous Daily SMA50: 0.8829
    Previous Daily SMA100: 0.8886
    Previous Daily SMA200: 0.8837
Levels:
    Previous Daily High: 0.8926
    Previous Daily Low: 0.8863
    Previous Weekly High: 0.8926
    Previous Weekly Low: 0.881
    Previous Monthly High: 0.8932
    Previous Monthly Low: 0.8656
    Previous Daily Fibonacci 38.2%: 0.8902
    Previous Daily Fibonacci 61.8%: 0.8887
    Previous Daily Pivot Point S1: 0.8875
    Previous Daily Pivot Point S2: 0.8837
    Previous Daily Pivot Point S3: 0.8812
    Previous Daily Pivot Point R1: 0.8939
    Previous Daily Pivot Point R2: 0.8964
    Previous Daily Pivot Point R3: 0.9002