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EUR/GBP Technical Analysis: Euro enjoys a Friday pop to 0.8970 resistance

ChuChu Rocket, Sun Dec 09, 2018 2:07 pm

EUR/GBP Technical Analysis: Euro enjoys a Friday pop to 0.8970 resistance

EUR/GBP daily chart
EUR/GBP is trading in a bull trend above a flat 200-day simple moving average.
EUR/GBP 4-hour chart
EUR/GBP reached the 0.8970 resistance.
EUR/GBP 30-minute chart
EUR/GBP had a small Friday bull run to 0.8970 resistance.
As technical indicators are overbought, the move up might retrace back down to 0.8940, 0.8923 and 0.8910 levels before the uptrend resumes.
Additional key levels

Overview:
Today Last Price: 0.8952
Today Daily change: 51 pips
Today Daily change %: 0.573%
Today Daily Open: 0.8901

Trends:
Previous Daily SMA20: 0.8855
Previous Daily SMA50: 0.8829
Previous Daily SMA100: 0.8886
Previous Daily SMA200: 0.8839

Levels:
Previous Daily High: 0.893
Previous Daily Low: 0.8887
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%: 0.8904
Previous Daily Fibonacci 61.8%: 0.8914
Previous Daily Pivot Point S1: 0.8882
Previous Daily Pivot Point S2: 0.8863
Previous Daily Pivot Point S3: 0.8838
Previous Daily Pivot Point R1: 0.8925
Previous Daily Pivot Point R2: 0.895
Previous Daily Pivot Point R3: 0.8969

Source: https://www.fxstreet.com/news/eur-gbp-t ... 1812072036
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