Weekly EURGBP Technical Analysis and Forecast - Forex - Forecast City

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Weekly forecast		Euro / British Pound technical chart
Symbol	EURGBP	Download MT4 template file Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	March 15, 2021 - 07:15
Current	downtrend
Forecast	continuation of downtrend
Midterm forecast: 0.88600 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: While the RSI resistance #1 at 42 is not broken, the probability of price increase would be too low. A peak is formed in daily chart at 0.8730 on 02/26/2021, so more losses to support(s) 0.8460, 0.8275, 0.8120 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 33. Supports and Resistances: 0.9500 Resistance on 03/19/2020 Peak on 03/19/2020 Resistance on 03/18/2020 0.9325 Resistance on 03/24/2020 Resistance on 03/23/2020 Resistance on 03/20/2020 Resistance on 08/12/2019 Peak on 08/12/2019 Resistance on 08/09/2019 0.9000 Resistance on 01/12/2021 Support on 01/08/2021 Support on 12/24/2020 Support on 12/23/2020 Support on 12/17/2020 Support on 12/16/2020 Support on 12/10/2020 Support on 12/09/2020 Support on 12/04/2020 Support on 12/03/2020 Resistance on 12/01/2020 Resistance on 11/30/2020 Resistance on 11/27/2020 Resistance on 11/16/2020 Resistance on 11/13/2020 Resistance on 11/12/2020 Support on 11/02/2020 Support on 10/29/2020 Support on 10/14/2020 Resistance on 09/07/2020 Resistance on 08/26/2020 Support on 08/24/2020 Support on 08/19/2020 Support on 08/18/2020 Resistance on 08/11/2020 Support on 08/06/2020 Support on 07/31/2020 Support on 07/21/2020 Resistance on 07/09/2020 Support on 07/06/2020 Support on 07/03/2020 Support on 07/02/2020 Support on 06/25/2020 Support on 06/19/2020 Resistance on 06/15/2020 Resistance on 06/12/2020 Resistance on 06/11/2020 Resistance on 06/05/2020 Resistance on 06/04/2020 Resistance on 05/29/2020 Resistance on 05/28/2020 Resistance on 05/27/2020 Resistance on 05/21/2020 Resistance on 03/30/2020 Support on 03/20/2020 Support on 03/16/2020 Resistance on 10/10/2019 Resistance on 10/09/2019 Resistance on 10/08/2019 Resistance on 09/09/2019 Support on 09/04/2019 Resistance on 07/23/2019 Resistance on 07/22/2019 Resistance on 07/19/2019 Resistance on 07/15/2019 Resistance on 07/11/2019 Resistance on 07/10/2019 Resistance on 07/09/2019 Resistance on 01/08/2019 Support on 12/28/2018 Resistance on 12/26/2018 Resistance on 12/24/2018 Resistance on 12/18/2018 Resistance on 12/17/2018 Resistance on 12/14/2018 Resistance on 12/13/2018 Resistance on 09/21/2018 Resistance on 09/07/2018 Support on 09/05/2018 Support on 09/04/2018 Support on 08/24/2018 Resistance on 08/22/2018 Resistance on 08/21/2018 Resistance on 11/15/2017 Resistance on 10/12/2017 0.8940 Support on 01/04/2021 Support on 12/31/2020 Support on 12/01/2020 Support on 11/30/2020 Resistance on 11/26/2020 Resistance on 11/25/2020 Support on 11/17/2020 Support on 11/04/2020 Resistance on 09/04/2020 Resistance on 09/03/2020 Resistance on 09/01/2020 Support on 08/27/2020 Support on 08/26/2020 Support on 08/21/2020 Support on 07/13/2020 Support on 07/10/2020 Support on 07/09/2020 Support on 06/17/2020 Support on 06/16/2020 Resistance on 06/09/2020 Resistance on 06/03/2020 Resistance on 05/26/2020 Support on 05/22/2020 Support on 05/21/2020 0.8860 Resistance on 01/29/2021 Support on 01/20/2021 Support on 01/15/2021 Support on 11/23/2020 Support on 11/11/2020 Support on 09/03/2020 Support on 06/09/2020 Support on 06/02/2020 Resistance on 05/14/2020 Resistance on 05/13/2020 Resistance on 04/21/2020 Resistance on 04/07/2020 Resistance on 04/06/2020 0.8785 Resistance on 02/12/2021 Resistance on 02/11/2021 Resistance on 05/11/2020 Resistance on 05/07/2020 Resistance on 05/04/2020 Resistance on 05/01/2020 Resistance on 04/23/2020 Resistance on 04/13/2020 Support on 04/06/2020 Support on 04/01/2020 Resistance on 03/11/2020 Resistance on 03/10/2020 Support on 09/20/2019 Trough on 09/20/2019 0.8670 Resistance on 03/03/2021 Resistance on 03/02/2021 Resistance on 03/01/2021 Support on 04/30/2020 Trough on 04/30/2020 Resistance on 10/25/2019 Resistance on 10/24/2019 Resistance on 10/23/2019 Support on 05/15/2019 Resistance on 05/13/2019 Resistance on 04/22/2019 Resistance on 04/18/2019 Resistance on 04/17/2019 Resistance on 03/20/2019 Resistance on 03/11/2019 Support on 02/25/2019 Support on 02/21/2019 Support on 02/20/2019 Support on 02/19/2019 Support on 01/29/2019 Support on 11/14/2018 Support on 11/13/2018 Support on 03/22/2018 Support on 06/07/2017 Resistance on 05/25/2017 Resistance on 05/23/2017 Support on 03/16/2017 Support on 03/15/2017 Resistance on 03/08/2017 Resistance on 03/07/2017 Resistance on 03/06/2017 Resistance on 01/23/2017 Resistance on 01/20/2017 Resistance on 01/19/2017 Resistance on 01/18/2017 Resistance on 01/11/2017 Resistance on 12/30/2016 Support on 11/10/2016 Support on 10/03/2016 Resistance on 09/30/2016 Resistance on 09/29/2016 Resistance on 09/23/2016 Resistance on 08/22/2016 Resistance on 08/19/2016 Resistance on 08/18/2016 Resistance on 08/17/2016 Resistance on 08/07/2013 Resistance on 08/06/2013 Support on 08/02/2013 Resistance on 07/15/2013 Resistance on 07/11/2013 Resistance on 07/09/2013 Support on 03/13/2013 Support on 03/08/2013 Resistance on 03/04/2013 Resistance on 03/01/2013 Resistance on 02/28/2013 Resistance on 02/27/2013 Support on 02/20/2013 Resistance on 02/14/2013 Resistance on 02/13/2013 Resistance on 02/07/2013 0.8590 Resistance on 03/12/2021 Support on 03/04/2021 Support on 02/25/2021 Support on 02/24/2021 Support on 03/02/2020 Resistance on 01/14/2020 Resistance on 12/23/2019 Resistance on 11/27/2019 Resistance on 11/22/2019 Support on 11/06/2019 Support on 11/05/2019 Support on 11/01/2019 Support on 10/24/2019 Support on 10/22/2019 Support on 10/21/2019 Support on 10/18/2019 Support on 10/17/2019 Support on 10/16/2019 Resistance on 05/03/2019 Support on 04/30/2019 Resistance on 04/04/2019 Resistance on 04/02/2019 Resistance on 03/26/2019 Resistance on 03/25/2019 Resistance on 03/18/2019 Resistance on 03/07/2019 Resistance on 03/06/2019 Resistance on 02/28/2019 Support on 02/26/2019 Resistance on 05/16/2017 Resistance on 04/05/2017 Resistance on 04/04/2017 Resistance on 03/31/2017 Resistance on 03/02/2017 Resistance on 03/01/2017 Resistance on 02/17/2017 Resistance on 02/02/2017 Resistance on 02/01/2017 Resistance on 01/31/2017 Support on 01/09/2017 Resistance on 01/06/2017 Resistance on 01/05/2017 Resistance on 12/30/2016 Resistance on 12/29/2016 Resistance on 11/23/2016 Resistance on 11/21/2016 Support on 11/16/2016 Support on 11/15/2016 Support on 11/14/2016 Support on 11/11/2016 Support on 09/29/2016 Support on 09/28/2016 Resistance on 09/22/2016 Resistance on 09/21/2016 Resistance on 09/20/2016 Resistance on 09/16/2016 Support on 08/19/2016 Support on 08/18/2016 Support on 08/12/2016 Resistance on 07/11/2016 Resistance on 07/08/2016 Resistance on 07/07/2016 Resistance on 07/06/2016 Support on 08/28/2013 Resistance on 08/14/2013 Support on 08/12/2013 Support on 08/09/2013 Support on 08/08/2013 Support on 08/07/2013 Support on 07/25/2013 Support on 07/24/2013 Support on 07/19/2013 Support on 07/10/2013 Support on 07/09/2013 Resistance on 07/04/2013 Resistance on 07/02/2013 Resistance on 07/01/2013 Resistance on 06/28/2013 Resistance on 06/20/2013 Resistance on 06/19/2013 Resistance on 05/30/2013 Resistance on 05/29/2013 Resistance on 05/24/2013 Resistance on 05/22/2013 Resistance on 04/22/2013 Resistance on 04/17/2013 Resistance on 04/16/2013 Resistance on 03/20/2013 Resistance on 03/19/2013 Resistance on 03/18/2013 Support on 03/05/2013 Support on 02/26/2013 Support on 02/25/2013 Support on 02/15/2013 Support on 02/14/2013 Resistance on 02/12/2013 Resistance on 01/31/2013 Resistance on 01/30/2013 Resistance on 01/28/2013 0.8460 Support on 02/07/2020 Support on 02/04/2020 Resistance on 01/30/2020 Resistance on 01/29/2020 Resistance on 01/28/2020 Support on 01/08/2020 Support on 01/07/2020 Support on 12/31/2019 Support on 03/13/2019 Support on 05/05/2017 Support on 04/26/2017 Support on 04/24/2017 Support on 04/17/2017 Support on 04/14/2017 0.8275 Support on 12/13/2019 Trough on 12/13/2019 Support on 07/15/2016 Support on 07/14/2016 Click on the level to view price action history.

Symbol	Released	Current	Forecast
Euro / British Pound (EURGBP)	Sun, 14 Apr 2024
Euro / British Pound (EURGBP)	Sat, 6 Apr 2024
Euro / British Pound (EURGBP)	Sat, 30 Mar 2024
Euro / British Pound (EURGBP)	Sat, 23 Mar 2024
Euro / British Pound (EURGBP)	Sun, 17 Mar 2024