The pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.87889 will continue.
Caution: A possible trend reversal in the direction of support at 0.87453 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88012 |
| 2nd High | 0.87964 |
| Next High | 0.87889 |
| Current Price | 0.87700 |
| Next Low | 0.87453 |
| 2nd Low | 0.87064 |
| 3rd Low | 0.86856 |
0.87889 – 0.87577 – 0.87312 – 0.87453 – 0.87064 – 0.8707 —
0.87723 – 0.87685 —
57.0762331267 – 55.163960506386 —
– —
0.87889 – 1772218800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –