The combination Euro/British Pound (EUR/GBP) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.83375 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.83166 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83581 |
2nd High | 0.83407 |
Next High | 0.83375 |
Current Price | 0.83195 |
Next Low | 0.83166 |
2nd Low | 0.83128 |
3rd Low | 0.83093 |