EUR/GBP – 1H – BUYThe pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.86553 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.86384 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86938 |
| 2nd High | 0.86835 |
| Next High | 0.86553 |
| Current Price | 0.86614 |
| Next Low | 0.86384 |
| 2nd Low | 0.86093 |
| 3rd Low | 0.86081 |
0.86553 – 0.86835 – 0.86804 – 0.86384 – 0.864 – 0.86645 — 49.37896606324 – 63.874944406508 — 40.614065384591 – 68.654389948152 – 56.627932457924 – 55.526170628495
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Engulfing – Triple bottom chart pattern – –