EUR/GBP – 30M – SELLThe currency pair Euro/British Pound (EUR/GBP) jumps from the bullish trendline downwards
A descent down to the next support line at 0.88128 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.88251 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8865 |
| 2nd High | 0.88396 |
| Next High | 0.88251 |
| Current Price | 0.88171 |
| Next Low | 0.88128 |
| 2nd Low | 0.87951 |
| 3rd Low | 0.87895 |
0.88251 – 0.88396 – 0.88391 – 0.88128 – 0.87951 – 0.88094 —
0.88170 – 0.88267 —
52.142768955858 – 57.918329293086 —
– —
0.88251 – 1763672400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom retreat down – – – –