EUR/GBP – 4H – BUYThe pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
A bullish movement up to the next resistance at 0.84588 is certain.
Caution: A possible trend reversal in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86235 |
| 2nd High | 0.85404 |
| Next High | 0.84588 |
| Current Price | 0.84331 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.84588 – 0.84405 – 0.85404 – 0.83552 – 0.83797 – 0.83933
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji