Euro sidelined near 0.8750 against Sterling

EUR/USD daily chart

  • EUR/GBP is trading in a sideways trend below the 200-day simple moving averages (SMAs).
  • This Monday, on US President’s Day, the financial markets might offer limited moves.

EUR/GBP 4-hour chart

  • EUR/GBP is trading between the 50 and 100 SMAs on the 4-hour chart suggesting a sideways 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 rejecting 0.8760 resistance. On the way down next supports are seen near 0.8740 and 0.8720 figure. 
  • Resistance is seen at 0.8760 and 0.8785 level.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8755
    Today Daily change: -9 pips
    Today Daily change %: -0.10%
    Today Daily Open: 0.8764
Trends:
    Daily SMA20: 0.8753
    Daily SMA50: 0.8885
    Daily SMA100: 0.8857
    Daily SMA200: 0.8865
Levels:
    Previous Daily High: 0.8834
    Previous Daily Low: 0.8751
    Previous Weekly High: 0.8842
    Previous Weekly Low: 0.8743
    Previous Monthly High: 0.9119
    Previous Monthly Low: 0.8617
    Daily Fibonacci 38.2%: 0.8783
    Daily Fibonacci 61.8%: 0.8802
    Daily Pivot Point S1: 0.8733
    Daily Pivot Point S2: 0.8701
    Daily Pivot Point S3: 0.865
    Daily Pivot Point R1: 0.8815
    Daily Pivot Point R2: 0.8865
    Daily Pivot Point R3: 0.8897