The currency pair Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.84883 is expected.
Caution: A possible trend reversal in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85218 |
| 2nd High | 0.84919 |
| Next High | 0.84883 |
| Current Price | 0.84788 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.84883 – 0.84681 – 0.84308 – 0.84644 – 0.84477 – 0.84174
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji