EUR/GBP – 1H – BUYThe combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 0.83314 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.82671 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83552 |
| 2nd High | 0.83386 |
| Next High | 0.83314 |
| Current Price | 0.82805 |
| Next Low | 0.82671 |
| 2nd Low | 0.82596 |
| 3rd Low |