The pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 0.86748 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.86524 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87323 |
| 2nd High | 0.87156 |
| Next High | 0.86748 |
| Current Price | 0.86626 |
| Next Low | 0.86524 |
| 2nd Low | 0.86495 |
| 3rd Low | 0.86492 |
0.86748 – 0.86691 – 0.86707 – 0.86524 – 0.86495 – 0.86492 —
0.86663 – 0.86589 —
47.660059830399 – 37.724730342942 —
– —
0.86748 – 1769776200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom chart pattern – – – – – – – –