The combination Euro/British Pound (EUR/GBP) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.8721 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.87 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87412 |
| 2nd High | 0.87234 |
| Next High | 0.8721 |
| Current Price | 0.87032 |
| Next Low | 0.87 |
| 2nd Low | 0.86936 |
| 3rd Low | 0.86824 |
0.8721 – 0.87171 – 0.87143 – 0.87 – 0.86936 – 0.87048 —
0.87132 – 0.87115 —
53.483596297768 – 37.229313056654 —
– —
0.8721 – 1770969600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –