The pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.87266 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.87131 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87338 |
| 2nd High | 0.8729 |
| Next High | 0.87266 |
| Current Price | 0.87205 |
| Next Low | 0.87131 |
| 2nd Low | 0.87118 |
| 3rd Low | 0.87015 |
0.87266 – 0.8729 – 0.87338 – 0.87131 – 0.87157 – 0.87179 —
0.87199 – 0.87211 —
46.741924510104 – 45.812019371945 —
– —
0.87266 – 1775509200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –