The combination Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards
An ascent up to the next resistance at 0.86446 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.86252 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘StochOSC Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86735 |
| 2nd High | 0.86657 |
| Next High | 0.86446 |
| Current Price | 0.86422 |
| Next Low | 0.86252 |
| 2nd Low | 0.86221 |
| 3rd Low | 0.86196 |
0.86446 – 0.86363 – 0.86403 – 0.86252 – 0.86221 – 0.86196 —
0.86424 – 0.86398 —
64.409532031298 – 47.333179416887 —
– —
0.86446 – 1777899600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Symmetrical Triangle Chart Pattern – – – – – – – –