The currency pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 0.83123 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.82864 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83386 |
2nd High | 0.83314 |
Next High | 0.83123 |
Current Price | 0.82929 |
Next Low | 0.82864 |
2nd Low | 0.82695 |
3rd Low | 0.82671 |