EUR/GBP – 1H – SELLThe currency pair moves from the descending trendline down.
A continuation of the bearish trend down to the next support level at will continue.
Caution: A possible counter-trend in the direction of resistance at 0.83862 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84536 |
| 2nd High | 0.84224 |
| Next High | 0.83862 |
| Current Price | 0.83234 |
| Next Low | |
| 2nd Low | |
| 3rd Low |