The currency pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 0.86481 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.86093 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86707 |
| 2nd High | 0.86490 |
| Next High | 0.86481 |
| Current Price | 0.86479 |
| Next Low | 0.86093 |
| 2nd Low | 0.86081 |
| 3rd Low | 0.85960 |
0.86481 – 0.86490 – 0.86707 – 0.86093 – 0.86227 – 0.86231 — 59.284807376564 – 63.254536012302 — 25.065737800089 – 41.283338455759 – 13.697936231488 – 25.337226377079
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top retreat up – –