EUR/GBP Technical Analysis: Euro weakening below 0.8900 figure against the Pound

EUR/GBP daily chart

  • EUR/GBP is trading just above its 50 and 200-day simple moving averages (SMA). 
  • Technical indicators are starting to decelerate.

EUR/GBP 4-hour chart

  • EUR/GBP is currently supported at the 50 SMA and near the 0.8840 level. 
  • Technical indicators are bearish suggesting further weakness to 0.8800 figure.

EUR/GBP 30-minute chart

  • EUR/GBP is trading below its mains SMAs while technical indicators are negative.
  • All suggesting further weakness. 

Additional key levels:

EUR/GBP

Overview:
    Last Price: 0.8844
    Daily change: -13 pips
    Daily change: -0.147%
    Daily Open: 0.8857
Trends:
    Daily SMA20: 0.8811
    Daily SMA50: 0.8833
    Daily SMA100: 0.8884
    Daily SMA200: 0.8836
Levels:
    Daily High: 0.8924
    Daily Low: 0.8841
    Weekly High: 0.8906
    Weekly Low: 0.8656
    Monthly High: 0.8942
    Monthly Low: 0.8722
    Daily Fibonacci 38.2%: 0.8873
    Daily Fibonacci 61.8%: 0.8893
    Daily Pivot Point S1: 0.8824
    Daily Pivot Point S2: 0.879
    Daily Pivot Point S3: 0.874
    Daily Pivot Point R1: 0.8907
    Daily Pivot Point R2: 0.8958
    Daily Pivot Point R3: 0.8991

 

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