EUR/GBP Technical Analysis: Euro in wait-and-see mode against Pound

EUR/GBP daily

• EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs).

EUR/GBP 4-hour chart

• EUR/GBP is trading below its main SMAs suggesting a bearish bias in the medium-term.

EUR/GBP 30-minute chart

• EUR/GBP is trading below its 100 and 200 SMAs suggesting a bearish bias in the short-term. 
• The level to beat for bears is 0.8530 followed by 0.8500 and 0.8470 level.
• To the upside, resistance awaits at 0.8570 and seen 0.8610 level.

Additional key levels