EUR/GBP – 1H – BUYThe combination Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.83609 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.83088 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83959 |
| 2nd High | 0.83752 |
| Next High | 0.83609 |
| Current Price | 0.83521 |
| Next Low | 0.83088 |
| 2nd Low | 0.82675 |
| 3rd Low | 0.82596 |