The pair Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.87412 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.86856 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87455 |
| 2nd High | 0.87451 |
| Next High | 0.87412 |
| Current Price | 0.87378 |
| Next Low | 0.86856 |
| 2nd Low | 0.86824 |
| 3rd Low | 0.86724 |
0.8721 – 0.8717 – 0.87234 – 0.86856 – 0.86864 – 0.86878 —
0.87236 – 0.87428 —
66.644000275921 – 67.628163030132 —
– —
0.8721 – 1770969600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom retreat down – – – – – – – –