EUR/GBP – 1H – BUYThe currency pair breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.83714 will continue.
Caution: A possible counter-trend in the direction of support at 0.83167 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84224 |
| 2nd High | 0.83862 |
| Next High | 0.83714 |
| Current Price | 0.83390 |
| Next Low | 0.83167 |
| 2nd Low | |
| 3rd Low |