EUR/GBP – 1H – BUYThe currency pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.84420 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.84138 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84497 |
| 2nd High | 0.84473 |
| Next High | 0.84420 |
| Current Price | 0.84624 |
| Next Low | 0.84138 |
| 2nd Low | 0.84105 |
| 3rd Low | 0.84066 |
0.84420 – 0.84473 – 0.84309 – 0.84138 – 0.84167 – 0.84105
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Tri-Star