The pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 0.85738 will continue.
Caution: A possible change in the direction of the support level at 0.85456 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86238 |
| 2nd High | 0.86175 |
| Next High | 0.85738 |
| Current Price | 0.85648 |
| Next Low | 0.85456 |
| 2nd Low | 0.85391 |
| 3rd Low | 0.85384 |
0.85738 – 0.86175 – 0.86238 – 0.85456 – 0.85635 – 0.85654 —
0.85672 – 0.85656 —
55.65159382112 – 51.495868590877 —
– —
0.85738 – 1783006200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –