The pair Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.86487 is likely expected.
Caution: A possible change in the direction of the support zone at 0.8636 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86735 |
| 2nd High | 0.86657 |
| Next High | 0.86487 |
| Current Price | 0.86520 |
| Next Low | 0.8636 |
| 2nd Low | 0.86273 |
| 3rd Low | 0.86227 |
0.86487 – 0.86418 – 0.86476 – 0.8636 – 0.86273 – 0.86227 —
0.86433 – 0.86536 —
53.777475465551 – 64.517075705731 —
– —
0.86487 – 1778072400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –