The pair Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.86864 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.86321 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.87377 |
| Next High | 0.86864 |
| Current Price | 0.86870 |
| Next Low | 0.86321 |
| 2nd Low | 0.86093 |
| 3rd Low | 0.86081 |
0.86864 – 0.86716 – 0.86668 – 0.86321 – 0.86591 – 0.86093 — 73.000191847923 – 73.267193835458 — 95.339925834363 – 95.339925834363 – 85.52124375953 – 92.122266381617
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double bottom chart pattern – –