{"id":105469,"date":"2020-09-30T22:04:19","date_gmt":"2020-09-30T21:04:19","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=105469"},"modified":"2020-10-01T05:55:28","modified_gmt":"2020-10-01T04:55:28","slug":"104517-eur-gbp-returns-to-session-low-downside-could-be-limited","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\/","title":{"rendered":"EUR\/GBP Returns to session low, downside could be limited"},"content":{"rendered":"<ul>\n<li><strong>EUR\/GBP saw a slight pullback from a short-term descending trend-line.<\/strong><\/li>\n<li><strong>Bullish set up, suggests dip buying could be seen.<\/strong><\/li>\n<li><strong>A meaningful slide could be capped around 61.8% Fibo. level.<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The EUR\/GBP couldn\u2019t maintain gains around 0.9155\u00a0 and declined 45 pips hitting a daily low.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The move higher failed to push through the descending trendline (from Sept 11<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> high) resistance GBP\/EUR stable around\u00a0 38.2% Fibonacci level of the 0.8866-0.9292 recent move higher.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, technical indicators on the 1-hourly chart have pulled back from elevated levels but are yet to turn bearish. This combined buy signals on oscillators on the daily chart suggest dip-buying at lower levels could emerge<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A pullback to 0.9100 could be a buying opportunity and remain capped close to the 50% Fibo. level support, 0.9075 This could be considered a key pivotal point for short-term traders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">might need to look for a meaningful move through the mentioned trend-line resistance before setting up for any further gains. The EUR\/GBP cross might then target beyond the 23.6% Fibo. level and the 0.9200 round number level.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/GBP saw a slight pullback from a short-term descending trend-line. Bullish set up, suggests dip buying could be seen. A meaningful slide could be capped around 61.8% Fibo. level. The EUR\/GBP couldn\u2019t maintain gains around 0.9155\u00a0 and declined 45 pips hitting a daily low. The move higher failed to push through the descending trendline (from [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5569,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":{"0":"post-105469","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-gbp","11":"tag-gbp-eur"},"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 Returns to session low, downside could be limited - 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\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\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\\\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/GBP Returns to session low, downside could be limited\",\"datePublished\":\"2020-09-30T21:04:19+00:00\",\"dateModified\":\"2020-10-01T04:55:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\\\/\"},\"wordCount\":182,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100624-gbp-eur-no-deal-brexit-fears.jpg\",\"keywords\":[\"eur\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104517-eur-gbp-returns-to-session-low-downside-could-be-limited\\\/\",\"name\":\"EUR\\\/GBP Returns to session low, downside could be limited - 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