EUR/GBP – 30M – BUYThe pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.87893 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.87797 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87932 |
| 2nd High | 0.87899 |
| Next High | 0.87893 |
| Current Price | 0.87861 |
| Next Low | 0.87797 |
| 2nd Low | 0.87727 |
| 3rd Low | 0.8756 |
0.87893 – 0.87899 – 0.87932 – 0.87797 – 0.87727 – 0.8756 —
0.87874 – 0.87859 —
53.716503459205 – 52.668786687201 —
– —
0.87893 – 1764644400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Inverse Head and Shoulder chart pattern – – – – – – – –