EUR/GBP – 30M – BUYThe pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.83123 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.82864 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83386 |
| 2nd High | 0.83314 |
| Next High | 0.83123 |
| Current Price | 0.82868 |
| Next Low | 0.82864 |
| 2nd Low | 0.82695 |
| 3rd Low | 0.82671 |