The combination Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.84919 is considered certain.
Caution: A possible change in the direction of the support level at 0.84138 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85404 |
| 2nd High | 0.85218 |
| Next High | 0.84919 |
| Current Price | 0.84813 |
| Next Low | 0.84138 |
| 2nd Low | 0.84105 |
| 3rd Low | 0.84066 |
0.84681 – 0.84420 – 0.84473 – 0.84138 – 0.84167 – 0.84105
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji