EUR/GBP – 1H – BUYThe combination breaks through the descending trendline up.
A bullish trend up to the next resistance level at 0.83514 is certain.
Caution: A possible change in the direction of the support zone at 0.83139 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83828 |
| 2nd High | 0.83798 |
| Next High | 0.83514 |
| Current Price | 0.83435 |
| Next Low | 0.83139 |
| 2nd Low | 0.83029 |
| 3rd Low | 0.82946 |