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EUR/GBP Technical Analysis: Euro sticks to its range rejecting 0.8650 level

EUR/GBP daily

  • EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs).
  • EUR/GBP is rejecting the 50 SMA.

EUR/GBP 4-hour chart

  • EUR/GBP is trading above the main SMAs suggesting bullish momentum in the medium-term.


EUR/GBP 30-minute chart

  • EUR/GBP is rejecting the 0.8650 level. The market remains in range with a slight bullish bias.
  • To the downside, support is at 0.8610, 0.8590, 0.8560 and 0.8520 level. 
  • Resistance is seen at 0.8650 and 0.8690 level.

Additional key levels

 

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