The pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.86536 will persist.
Caution: A possible counter-trend in the direction of the support line at could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86643 |
| 2nd High | 0.86543 |
| Next High | 0.86536 |
| Current Price | 0.86576 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86536 – 0.86543 – 0.86643 – 0.86439 – 0.86347 – 0.86384 — 50.140057292668 – 56.460434219437 — 19.308723514055 – 13.313149801166 – 36.357460095439 – 20.725403130793
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double bottom chart pattern – –