EUR/GBP – 1H – BUYThe combination breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.83714 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.83167 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84224 |
| 2nd High | 0.83862 |
| Next High | 0.83714 |
| Current Price | 0.83432 |
| Next Low | 0.83167 |
| 2nd Low | |
| 3rd Low |