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Forex Market Daily Technical Analysis of EUR/GBP

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8578 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8578 with first target at 0.8551 and second target at 0.8544 in extension as take profits.
forex-technical-analisys-pivot-points-chart-EURGBP-2024-05-17-f5c4d.gif

Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of EUR/GBP Sybmol in 30M Time Frame Chart is: 0.8578 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

Technical analysis of EUR/GBP: Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 0.8597
  • Resistance Level 2: 0.8590
  • Resistance Level 1: 0.8578

Technical analysis of EUR/GBP: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 0.8551
  • Support Level 2: 0.8544
  • Support Level 3: 0.8537

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 0.8578 with first target at 0.8551 and second target at 0.8544 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 0.8578 with first target at 0.8590 and second target at 0.8597 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of EUR/GBP

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