EUR/GBP: taking out key ascending support line on Trump/Brexit/EU failing
Currently, EUR/GBP is trading at 0.8602, down -0.09% on the day, having posted a daily high at 0.8639 and low at 0.8581.
EUR/GBP is down to break the ascending uptrend while the EU comes back into the lime-light as a problematic catalysts for the euro as attention now starts to focus back on the French, Dutch, Italian and German referendums and elections all coming up within the next year.
EU project is now at risk and so is the euro - BBH
EUR/GBP levels
EUR/GBP: headed to below 0.85; Trump is good for UK & Brexit - BTMU
With spot trading at 0.8603, we can see next resistance ahead at 0.8607 (Daily Open), 0.8609 (Hourly 20 EMA), 0.8610 (Monthly Low), 0.8610 (Weekly Low) and 0.8618 (Daily 100 SMA). Support below can be found at 0.8581 (Daily Low), 0.8567 (Yesterday's Low), 0.8554 (Daily Classic S1), 0.8497 (Daily Classic S2) and 0.8442 (Weekly Classic S1).