The pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.86596 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.86523 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87248 |
| 2nd High | 0.87085 |
| Next High | 0.86596 |
| Current Price | 0.86594 |
| Next Low | 0.86523 |
| 2nd Low | 0.86439 |
| 3rd Low | 0.86347 |
0.86596 – 0.87085 – 0.87248 – 0.86523 – 0.86992 – 0.87001 —
0.86568 – 0.86594 —
37.506589819985 – 51.495141216852 —
– —
0.86596 – 1767690000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom chart pattern – – – – – – – –