The pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.83398 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.83128 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83752 |
2nd High | 0.83581 |
Next High | 0.83398 |
Current Price | 0.83332 |
Next Low | 0.83128 |
2nd Low | 0.83093 |
3rd Low | 0.83061 |