The currency pair Euro/British Pound (EUR/GBP) jumps from the ascending trendline downwards
A bearish movement down to the next support at 0.86384 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.86553 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86938 |
| 2nd High | 0.86835 |
| Next High | 0.86553 |
| Current Price | 0.86473 |
| Next Low | 0.86384 |
| 2nd Low | 0.86093 |
| 3rd Low | 0.86081 |
0.86553 – 0.86835 – 0.86804 – 0.86384 – 0.864 – 0.86645 — 49.838983552616 – 47.213510818525 — 61.274443903715 – 52.936752766395 – 55.875567908854 – 60.590493440942