The currency pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.86576 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.86372 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86792 |
| 2nd High | 0.86789 |
| Next High | 0.86576 |
| Current Price | 0.86556 |
| Next Low | 0.86372 |
| 2nd Low | 0.86303 |
| 3rd Low | 0.86143 |
0.86576 – 0.86525 – 0.86789 – 0.86372 – 0.86399 – 0.86303 —
0.86552 – 0.86570 —
59.266572865407 – 54.375855303603 —
– —
0.86576 – 1774355400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –