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EUR/GBP Technical Analysis: Challenging the 0.8880 level as Euro makes a new November high against Sterling

EUR/GBP 4-hour chart

  • EUR/GBP is trading in a bull trend above the 200-period simple moving average on the 4-hour chart. 
  • EUR/GBP made a very strong move up this Thursday on the back of Brexit headlines. 
  • The 0.8880 figure is now the level to beat for bulls. A pullback down can lead to 0.8800 figure. 

Additional key levels at a glance:

EUR/GBP

Overview:
    Last Price: 0.8856
    Daily change: 1.5e+2 pips
    Daily change: 1.77%
    Daily Open: 0.8702
Trends:
    Daily SMA20: 0.8795
    Daily SMA50: 0.8838
    Daily SMA100: 0.8881
    Daily SMA200: 0.8835
Levels:
    Daily High: 0.876
    Daily Low: 0.8667
    Weekly High: 0.8774
    Weekly Low: 0.869
    Monthly High: 0.8942
    Monthly Low: 0.8722
    Daily Fibonacci 38.2%: 0.8703
    Daily Fibonacci 61.8%: 0.8725
    Daily Pivot Point S1: 0.8659
    Daily Pivot Point S2: 0.8616
    Daily Pivot Point S3: 0.8565
    Daily Pivot Point R1: 0.8752
    Daily Pivot Point R2: 0.8803
    Daily Pivot Point R3: 0.8846

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