EUR/GBP – 1H – BUYThe combination Euro/British Pound (EUR/GBP) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.83281 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.82720 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83386 |
| 2nd High | 0.83314 |
| Next High | 0.83281 |
| Current Price | 0.82914 |
| Next Low | 0.82720 |
| 2nd Low | 0.82705 |
| 3rd Low | 0.82220 |