Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 215.368 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 215.368 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 215.606 |
| Next High | 215.368 |
| Current Price | 215.15800 |
| Next Low | 214.88200 |
| 2nd Low | 214.302 |
| 3rd Low | 213.863 |
215.368 – 214.998 – 214.934 – 214.88200 – 214.302 – 214.557 —
215.10600 – 215.04700 —
40.928447559702 – 42.997086117726 —
214.88200 – 1781523000 —
215.368 – 1781510400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –