EUR/GBP – 30M – BUYThe currency pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 0.83375 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.83134 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83581 |
| 2nd High | 0.83407 |
| Next High | 0.83375 |
| Current Price | 0.83243 |
| Next Low | 0.83134 |
| 2nd Low | 0.83128 |
| 3rd Low | 0.83093 |