TradeWize · free chart read
EURGBP is 31 bars into a downtrend, coiling inside a falling wedge inside a daily uptrend. 0.85693 ends the wedge, 0.85759 resumes the rise.
What the read found
- Trend: lower highs and lower lows over the window, 4 steps across 31 bars, still intact
- Formation: falling wedge — Still forming.
- Decides above: 0.85759 (the falling wedge)
- Decides below: 0.85693 (the falling wedge)
- Resistance: 0.85744
- Resistance: 0.85960
- Support: 0.85703
- Level history: The last two times price reached 0.85744 it held once, bouncing 0.1%, and broke through once.
- Level history: The last eight times price reached 0.85960 it held every time, bouncing 0.2% on average.
- Level history: The last two times price reached 0.85703 it held once, bouncing 0.1%.
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Every figure on this page was computed from the real candles up to 2026-09-13. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns