The pair Euro/British Pound (EUR/GBP) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 0.86347 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.86543 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86826 |
| 2nd High | 0.86643 |
| Next High | 0.86543 |
| Current Price | 0.86367 |
| Next Low | 0.86347 |
| 2nd Low | 0.86147 |
| 3rd Low | 0.86111 |
0.86543 – 0.86643 – 0.8662 – 0.86347 – 0.86384 – 0.864 — 41.980465065498 – 36.713630895727 — 81.086964972981 – 75.316513107595 – 72.047497483877 – 79.405374351531
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double top retreat up – –