The pair Euro/British Pound (EUR/GBP) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.86817 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87297 |
| 2nd High | 0.86864 |
| Next High | 0.86817 |
| Current Price | 0.86717 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86817 – 0.86597 – 0.86507 – 0.86434 – 0.86404 – 0.8629 —
0.86709 – 0.86719 —
49.004606188864 – 52.200110423449 —
– —
0.86817 – 1781820000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –