Despite repeated failures to slip beneath 2-day long rising support-line, EUR/GBP upside is likely to be tamed by short-term key resistances as it takes the rounds to 0.8980 ahead of the European open on Tuesday.
The first one being 200-hour moving average (HMA) level of 0.8995, close to the rising triangle’s upper-line at 0.9000 round-figure.
Should prices rally beyond 0.9000, 38.2% Fibonacci retracement level of 0.9015 and July 17 high around 0.9050 can please the bulls.
EUR/GBP hourly chart
Trend: Pullback expected
EUR/GBP
Support and resistance
S3 S2 S1 R1 R2 R3
0.8921 0.8940 0.8963 0.9006 0.9025 0.9048
The first one being 200-hour moving average (HMA) level of 0.8995, close to the rising triangle’s upper-line at 0.9000 round-figure.
Should prices rally beyond 0.9000, 38.2% Fibonacci retracement level of 0.9015 and July 17 high around 0.9050 can please the bulls.
EUR/GBP hourly chart
Trend: Pullback expected
EUR/GBP
Support and resistance
S3 S2 S1 R1 R2 R3
0.8921 0.8940 0.8963 0.9006 0.9025 0.9048
تبصرہ
Расширенный режим Обычный режим