Sell EUR/GBP – 30M – SELL

The combination Euro/British Pound (EUR/GBP) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support at 0.82687 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.82851 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.82743004 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.82851 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.83002
2nd High 0.82938
Next High 0.82851
Current Price 0.82800
Next Low 0.82687
2nd Low 0.82663
3rd Low 0.82649

Download EUR/GBP Signal Image

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