EURGBP is currently trading between the support at 0.87399 and the resistance at 0.87653. A forceful attempt to breach the swing level at 0.87653 will trigger a buy signal with immediate take-profit targets at 0.87755 and 0.87805. A protective stop loss at 0.87399 is highly recommended.
Price Action
Thursday, November 16 2023

03:13 pm (GMT +0200)
30 minutes Timeframe
Should the pair manage to breach below the support at 0.87399, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
0.87755
Target 2
0.87805
Target 3
0.87907
Target 4
0.88034

Entry
0.87653

Stop Loss
0.87399
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023

03:13 pm (GMT +0200)
30 minutes Timeframe
EURGBP is currently trading between the support at 0.87399 and the resistance at 0.87653. A forceful attempt to breach the swing level at 0.87653 will trigger a buy signal with immediate take-profit targets at 0.87755 and 0.87805. A protective stop loss at 0.87399 is highly recommended.
Should the pair manage to breach below the support at 0.87399, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
0.87755
Target 2
0.87805
Target 3
0.87907
Target 4
0.88034

Entry
0.87653

Stop Loss
0.87399
Trend Confirmation
Momentum
LWMA
MACD