The currency pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 0.86325 is certain.
Caution: A possible trend reversal in the direction of support at 0.86228 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘RSI Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.
Besides a ‘MACD-Hist Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.
Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The chart forms ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86748 |
| 2nd High | 0.86734 |
| Next High | 0.86325 |
| Current Price | 0.86284 |
| Next Low | 0.86228 |
| 2nd Low | 0.86147 |
| 3rd Low | 0.86111 |
0.86325 – 0.86734 – 0.86748 – 0.86228 – 0.86236 – 0.86409 —
0.86322 – 0.86293 —
46.393850518901 – 37.545104682186 —
– —
0.86325 – 1770089400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines – – – – – – – – –