EUR/GBP – 30M – BUYThe combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.86596 will persist.
Caution: A possible trend reversal in the direction of support at 0.86437 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87248 |
| 2nd High | 0.87085 |
| Next High | 0.86596 |
| Current Price | 0.86582 |
| Next Low | 0.86437 |
| 2nd Low | 0.86347 |
| 3rd Low | 0.86147 |
0.86596 – 0.87085 – 0.87248 – 0.86437 – 0.86523 – 0.86992 —
0.86555 – 0.86601 —
46.791070844814 – 50.960002088986 —
– —
0.86596 – 1767690000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom chart pattern – – – – – – – –