EUR/GBP – 1H – BUYThe currency pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 0.86631 will persist.
Caution: A possible trend reversal in the direction of support at 0.86437 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87455 |
| 2nd High | 0.87248 |
| Next High | 0.86631 |
| Current Price | 0.86581 |
| Next Low | 0.86437 |
| 2nd Low | 0.86321 |
| 3rd Low | 0.86093 |
0.86631 – 0.87248 – 0.87455 – 0.86437 – 0.87146 – 0.87168 —
0.86567 – 0.86577 —
38.294247230649 – 40.983131034544 —
– —
0.86631 – 1767711600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom retreat down – – – – – – – –