EUR/GBP – 30M – BUYThe pair Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.85545 is expected.
Caution: A possible change in the direction of support at 0.85384 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85738 |
| 2nd High | 0.85662 |
| Next High | 0.85545 |
| Current Price | 0.85436 |
| Next Low | 0.85384 |
| 2nd Low | 0.85078 |
| 3rd Low | 0.84951 |
0.85545 – 0.85391 – 0.85367 – 0.85384 – 0.85078 – 0.85104
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double bottom chart pattern