EUR/GBP – 1H – BUYThe currency pair jumps from the bearish trendline up.
A bullish movement up to the next resistance level at 0.84536 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.84111 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84630 |
| 2nd High | 0.84550 |
| Next High | 0.84536 |
| Current Price | 0.84206 |
| Next Low | 0.84111 |
| 2nd Low | 0.84056 |
| 3rd Low | 0.83989 |