The combination Euro/British Pound (EUR/GBP) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.86371 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.86180 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86699 |
| 2nd High | 0.86540 |
| Next High | 0.86371 |
| Current Price | 0.86211 |
| Next Low | 0.86180 |
| 2nd Low | 0.86094 |
| 3rd Low | 0.86042 |
0.86371 – 0.86193 – 0.86540 – 0.86180 – 0.86094 – 0.86042 — 44.983124857865 – 48.007310643027 — 68.07998071887 – 59.442019383193 – 58.330956376455 – 61.692787284792
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom retreat down – –