EUR/GBP – 1H – SELLThe combination Euro/British Pound (EUR/GBP) jumps from the bullish trendline down.
A descent down to the next support line at 0.82832 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.84061 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.84061 |
| Current Price | 0.83662 |
| Next Low | 0.82832 |
| 2nd Low | 0.82742 |
| 3rd Low | 0.82625 |