EUR/GBP – 30M – SELLThe combination goes from the ascending trendline down.
A descent downwards to the next support at 0.83350 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.83492 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83598 |
| 2nd High | 0.83579 |
| Next High | 0.83492 |
| Current Price | 0.83189 |
| Next Low | 0.83350 |
| 2nd Low | 0.83213 |
| 3rd Low | 0.83168 |