The currency pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.87337 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.87167 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87422 |
| 2nd High | 0.87419 |
| Next High | 0.87337 |
| Current Price | 0.87288 |
| Next Low | 0.87167 |
| 2nd Low | 0.87015 |
| 3rd Low | 0.86757 |
0.87337 – 0.87267 – 0.87419 – 0.87167 – 0.87176 – 0.87191 —
0.87283 – 0.87289 —
64.543494359883 – 55.660293966213 —
– —
0.87337 – 1775136600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –