The combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 0.87118 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.86852 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87389 |
| 2nd High | 0.87121 |
| Next High | 0.87118 |
| Current Price | 0.86942 |
| Next Low | 0.86852 |
| 2nd Low | 0.86824 |
| 3rd Low | 0.86724 |
0.87118 – 0.87121 – 0.87389 – 0.86932 – 0.86852 – 0.86863 —
0.87081 – 0.86943 —
55.443833431055 – 41.011493886483 —
– —
0.87118 – 1772650800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –