The currency pair Euro/British Pound (EUR/GBP) jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 0 is likely expected.
Caution: A possible change in the direction of the resistance level at 0 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.87463 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.88012 – 0.88176 – 0.88396 – 0.87797 – 0.87895 – 0.87665 —
0.87999 – 0.87433 —
60.812513318345 – 33.540516782769 —
– —
0.88012 – 1764676800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – – – – – –