EUR/GBP – 1H – BUYThe pair breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.83598 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.83123 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83862 |
| 2nd High | 0.83714 |
| Next High | 0.83598 |
| Current Price | 0.83289 |
| Next Low | 0.83123 |
| 2nd Low | |
| 3rd Low |