The combination Euro/British Pound (EUR/GBP) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.86481 is certain.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86707 |
| 2nd High | 0.8649 |
| Next High | 0.86481 |
| Current Price | 0.86874 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86481 – 0.86265 – 0.8649 – 0.8635 – 0.86147 – 0.86111 — 39.976898812648 – 47.801744325564 — 11.308227266763 – 29.708262257796 – 4.9679286068006 – 13.936636957685
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top retreat up – –