EUR/GBP Technical Analysis: Euro bulls challenging 0.8580 key resistance

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 above its main SMAs suggesting a bullish momentum in the short-term.
• EUR/GBP is challenging 0.8580 key resistance. A break above the level would open the doors to 0.8600 and 0.8650 resistances. 
• Support is now seen at 0.8530 and 0.8500 level.

Additional key levels