The pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.86417 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.86317 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86539 |
| 2nd High | 0.86497 |
| Next High | 0.86417 |
| Current Price | 0.86397 |
| Next Low | 0.86317 |
| 2nd Low | 0.86248 |
| 3rd Low | 0.86164 |
0.86417 – 0.86497 – 0.86376 – 0.86317 – 0.86331 – 0.86248 —
0.86359 – 0.86416 —
44.522297040315 – 51.271304874681 —
0.86317 – 1773752400 —
0.86417 – 1773718200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –