The currency pair Euro/British Pound (EUR/GBP) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.82746 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.82979 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83141 |
2nd High | 0.83119 |
Next High | 0.82979 |
Current Price | 0.82792 |
Next Low | 0.82746 |
2nd Low | 0.82705 |
3rd Low | 0.82220 |