The combination Euro/British Pound (EUR/GBP) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.86507 is likely expected.
Caution: A possible change in the direction of the support line at 0.86404 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
And also a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86545 |
| 2nd High | 0.86516 |
| Next High | 0.86507 |
| Current Price | 0.86527 |
| Next Low | 0.86404 |
| 2nd Low | 0.8629 |
| 3rd Low | 0.86243 |
0.86507 – 0.86516 – 0.86442 – 0.86404 – 0.8629 – 0.86243 —
0.86453 – 0.86464 —
47.406075982438 – 51.974009836394 —
0.86404 – 1781654400 —
0.86507 – 1781614800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –