The pair Euro/British Pound (EUR/GBP) goes from the bullish trendline downwards
A descending movement down to the next support level at 0 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.88196 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.88251 – 0.88396 – 0.88391 – 0.87951 – 0.87975 – 0.87895 —
0.88204 – 0.88267 —
52.358517709017 – 55.403328942844 —
– —
0.88251 – 1763672400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – –