The combination Euro/British Pound (EUR/GBP) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.86487 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.8636 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86735 |
| 2nd High | 0.86657 |
| Next High | 0.86487 |
| Current Price | 0.86477 |
| Next Low | 0.8636 |
| 2nd Low | 0.86273 |
| 3rd Low | 0.86227 |
0.86487 – 0.86418 – 0.86476 – 0.8636 – 0.86273 – 0.86227 —
0.86546 – 0.86471 —
61.961512359211 – 40.056310301916 —
– —
0.86487 – 1778072400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –