The combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 0.86553 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.86384 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86938 |
| 2nd High | 0.86835 |
| Next High | 0.86553 |
| Current Price | 0.86476 |
| Next Low | 0.86384 |
| 2nd Low | 0.86093 |
| 3rd Low | 0.86081 |
0.86553 – 0.86835 – 0.86804 – 0.86384 – 0.864 – 0.86645 — 47.361199057202 – 47.519254982204 — 6.4483296396618 – 10.54420093573 – 8.2963764098331 – 7.5890637285481
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – – –