The currency pair Euro/British Pound (EUR/GBP) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.87889 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.86253 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.
Next a ‘MACD Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88012 |
| 2nd High | 0.87964 |
| Next High | 0.87889 |
| Current Price | 0.86285 |
| Next Low | 0.86253 |
| 2nd Low | 0.86118 |
| 3rd Low | 0.86093 |
0.87889 – 0.87512 – 0.87487 – 0.86253 – 0.87064 – 0.87246 —
0.86561 – 0.86318 —
35.238985335221 – 22.525882795726 —
– —
0.87889 – 1772208000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –