• 273 days Could Crypto Overtake Traditional Investment?
  • 277 days Americans Still Quitting Jobs At Record Pace
  • 279 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 282 days Is The Dollar Too Strong?
  • 283 days Big Tech Disappoints Investors on Earnings Calls
  • 284 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 285 days China Is Quietly Trying To Distance Itself From Russia
  • 286 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 290 days Crypto Investors Won Big In 2021
  • 290 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 291 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 293 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 293 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 297 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 297 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 297 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 300 days Are NFTs About To Take Over Gaming?
  • 300 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 303 days What’s Causing Inflation In The United States?
  • 304 days Intel Joins Russian Exodus as Chip Shortage Digs In
  1. Home
  2. Markets
  3. Other

EUR/GBP - Direction-Less

EUR/GBP has lost all of its ECB meeting's gains. It seems that there is no momentum taking place right now. The pair remains above hourly support at 0.7652 (10/03/2016 low). Next support lies at 0.7525 (22/01/2016 low). Hourly resistance can be located at 0.7848 (10/03/2016 high).

In the long-term, the technical structure suggests a growing upside momentum. The pair is trading well above its 200 DMA. Strong resistance can be found at 0.8066 (10/09/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment