Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Key Resistance Levels: 0.9200, 0.9400, 0.9600
Key Support Levels: 0.8800, 0.8600, 0.8400
EUR/GBP Price Long-term Trend: Ranging
The EUR/GBP pair is in a sideways move. The market is fluctuating between levels of 0.8900 and 0.9100. The bulls have tested level 0.9100 on more than three occasions but without success. The pair is now trading below the resistance.
Daily Chart Indicators Reading:
The pair is at level 58 of the Relative Strength index period 14. This implies that the market is in the uptrend zone and above the centerline 50. The 50-day SMA and 21-day SMA are sloping horizontally. It indicates the present sideways move.
EUR/GBP Medium-term Trend: Ranging
On the 4-hour chart, the EUR/GBP pair is in a sideways move. The price is currently fluctuating between levels of 0.9000 and 0.91500. EUR/GBP has tested the resistance zone but pulled back to level 0.9089. It is presently consolidating in the middle of the price range.
4-hour Chart Indicators Reading
The 50-day and 21-day SMA are sloping horizontally indicating the sideways move. The pair is above 60% range of the daily stochastic. It indicates that the market is in a bullish momentum.
General Outlook for EUR/GBP
The EUR/GBP is presently consolidating above level 0.9089. The pair is in a sideways trend. The upward move is facing resistance at the 0.9150 price level. The downtrend is also repelled at a level of 0.9000 price level.
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus