The pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 0.86861 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87085 |
| 2nd High | 0.86907 |
| Next High | 0.86861 |
| Current Price | 0.86784 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86861 – 0.86778 – 0.86907 – 0.86662 – 0.86707 – 0.86644 —
0.86762 – 0.86795 —
47.931070432442 – 52.277881751641 —
– —
0.86861 – 1767961800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Inverse Head and Shoulder chart pattern – – – – – – – –