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EUR/GBP technical analysis: Euro surpasses 0.8900 key resistance against Sterling

  • EUR/GBP breaks above 0.8900 key resistance.
  • The next main resistance is seen at 0.9000 handle.

EUR/GBP daily

EUR/GBP broke above the 0.8900 key resistance opening the doors to 0.9000. 

EUR/GBP 4-hour chart


The bull trend remains intact above the main simple moving averages (SMAs).

EUR/GBP 30-minute chart

EUR/GBP is continuing its ascent above its main SMAs, suggesting that the path of least resistance is to the upside. Targets to the upside can be seen at 0.8940, 0.8970 and 0.9000 figure. Immediate support is at 0.8880 and 0.8850. 

Additional key levels

 

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