The combination Euro/British Pound (EUR/GBP) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 0.86793 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.86526 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87248 |
| 2nd High | 0.86922 |
| Next High | 0.86793 |
| Current Price | 0.86710 |
| Next Low | 0.86526 |
| 2nd Low | 0.86512 |
| 3rd Low | 0.86437 |
0.86793 – 0.86784 – 0.86729 – 0.86526 – 0.86565 – 0.86512 —
0.86734 – 0.86712 —
52.796064838422 – 51.259858717389 —
– —
0.86793 – 1768528800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Head and Shoulder chart pattern – – – – – – – –