EUR/GBP – 1H – SELLThe pair jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.83167 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.83714 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84224 |
| 2nd High | 0.83862 |
| Next High | 0.83714 |
| Current Price | 0.83536 |
| Next Low | 0.83167 |
| 2nd Low | |
| 3rd Low |