- The euro consolidates its gains from the May highs against the pound.
- The level to beat for buyers is the resistance of 0.9000.
EUR / GBP four-hour chart
EUR / GBP consolidates the recent advance while remaining above the support level of 0.8920 while trading above the SMA. The upward bias remains intact, the spot gaining in upward credibility on a daily close above the figure of 0.9000. On the upside, the market can target the levels of 0.9055 and 0.9144. However, retracements can find support close to 0.8920, 0.8850 and 0.8800 levels.
Resistors: 0.9000, 0.9055, 0.9144
Support: 0.8920, 0.8850, 0.8800