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30 Jul 2019

EUR/GBP technical analysis: Euro keeps going against the Sterling, approaching the 0.9200 figure

EUR/GBP is extending gains on the back of Sterling weakness.
The levels to beat for buyers are the 0.9198 and 0.9228 level.

EUR/GBP daily chart

EUR/GBP is on fire as the market reached a new 2019 high this Tuesday. On Monday UK’s Prime Minister, Boris Johnson opened the doors for a no-deal Brexit, sending Sterling down across the board.

EUR/GBP 4-hour chart

EUR/GBP is spiking above its main simple moving averages. The buyers are in control. Their goal is to drive the market towards 0.9198 and the 0.9228 resistance, according to the Technical Confluences Indicator.

EUR/GBP 30-minute chart

EUR/GBP is consolidating the recent gains above its main SMAs. Retracement could find supports at 0.9150, 0.9120 or 0.9110, according to the Technical Confluences Indicator.

Additional key levels

Jul 30, 2019

UK PM Johnson: Not aiming for a no deal Brexit

British Prime Minister Boris Johnson is now crossing the wires, reiterating that they are not aiming for a no-deal Brexit and that they don't think th

AUD/USD slumps to fresh multi week lows below 0.69

The AUD/USD pair extended its daily slide in the second half of the day and broke below 0.69 to touch its lowest level since mid-June at 0.6870. As of