EUR/GBP – 1H – BUYThe combination breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.83379 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.83210 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83598 |
| 2nd High | 0.83450 |
| Next High | 0.83379 |
| Current Price | 0.83649 |
| Next Low | 0.83210 |
| 2nd Low | 0.83105 |
| 3rd Low |