{"id":103727,"date":"2020-08-25T13:53:59","date_gmt":"2020-08-25T12:53:59","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=103727"},"modified":"2020-08-25T14:05:13","modified_gmt":"2020-08-25T13:05:13","slug":"104020-eur-gbp-trades-with-mixed-signals","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104020-eur-gbp-trades-with-mixed-signals\/","title":{"rendered":"EUR\/GBP Trades with Mixed Signals"},"content":{"rendered":"<ul>\n<li>EUR\/GBP rebounds from the intraday low on bullish technical reading.<\/li>\n<li>July bottom a healthy support level beyond the monthly low.<\/li>\n<li>9040\/45 marks an upside hurdle as a confluence of indicators.<\/li>\n<\/ul>\n<p>EUR\/GBP is down 0.10 Percent ahead of the Tuesday&#8217;s European session but is finding buyers near 0.9015.<\/p>\n<p>Bullish MACD is in favour of an up-move, but a falling trend line from July 27 acts as a resistance for the pair&#8217;s gain from a five-week-old support line. Also, the bulls have to overcome 0.9040\/45 as it is a crucial area formed by the confluence of 200-bar SMA and a falling-wedge bullish formation&#8217;s upper line.<\/p>\n<p>Such a price action could push the pair to previous month&#8217;s high near 0.9150, easily overcoming the monthly high near 0.9070.<\/p>\n<p>On the flip side, August 11 low near 0.8970 and month&#8217;s low of 0.8945 could attract sellers to push the pair to the falling-wedge&#8217;s support close to 0.8940.<\/p>\n<p>In that bearish scenario, a daily close below 0.8938 &#8211; the previous month&#8217;s low would take EUR\/GBP to June month&#8217;s low near 0.8865.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/GBP rebounds from the intraday low on bullish technical reading. July bottom a healthy support level beyond the monthly low. 9040\/45 marks an upside hurdle as a confluence of indicators. EUR\/GBP is down 0.10 Percent ahead of the Tuesday&#8217;s European session but is finding buyers near 0.9015. Bullish MACD is in favour of an up-move, [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5565,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[3202,2649,3156],"class_list":{"0":"post-103727","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-200-sma","10":"tag-eur-gbp","11":"tag-macd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/GBP Trades with Mixed Signals - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104020-eur-gbp-trades-with-mixed-signals\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104020-eur-gbp-trades-with-mixed-signals\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104020-eur-gbp-trades-with-mixed-signals\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"EUR\\\/GBP Trades with Mixed Signals\",\"datePublished\":\"2020-08-25T12:53:59+00:00\",\"dateModified\":\"2020-08-25T13:05:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104020-eur-gbp-trades-with-mixed-signals\\\/\"},\"wordCount\":171,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104020-eur-gbp-trades-with-mixed-signals\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100622-gbp-eur-tory-leadership-heats-up.jpg\",\"keywords\":[\"200 SMA\",\"eur\\\/gbp\",\"MACD\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104020-eur-gbp-trades-with-mixed-signals\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104020-eur-gbp-trades-with-mixed-signals\\\/\",\"name\":\"EUR\\\/GBP Trades with Mixed Signals - 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