The currency pair Euro/British Pound (EUR/GBP) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.86793 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.86526 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ” indicator layout is found. The indicator is ”. which could be a positive chart signal. The currency pair could go up.
!
Besides a ‘%K cross above 0.2’ indicator layout is found. The indicator is ‘%K cross above 0.2’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87085 |
| 2nd High | 0.86922 |
| Next High | 0.86793 |
| Current Price | 0.86670 |
| Next Low | 0.86526 |
| 2nd Low | 0.8652 |
| 3rd Low | 0.86512 |
0.86793 – 0.86784 – 0.86681 – 0.86526 – 0.86577 – 0.86565 —
0.86762 – 0.86651 —
59.851694280615 – 29.670845660331 —
– —
0.86793 – 1768530600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Head and Shoulder chart pattern – – – – – – – –