The pair Euro/British Pound (EUR/GBP) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.86486 will continue.
Caution: A possible change in the direction of the support zone at 0.86334 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86657 |
| 2nd High | 0.86487 |
| Next High | 0.86486 |
| Current Price | 0.86420 |
| Next Low | 0.86334 |
| 2nd Low | 0.86273 |
| 3rd Low | 0.86227 |
0.86486 – 0.86487 – 0.86389 – 0.86334 – 0.86273 – 0.86227 —
0.86428 – 0.86424 —
53.021466404103 – 50.937203725291 —
– —
0.86486 – 1778094000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –