EUR/GBP – 30M – SELLThe currency pair jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.83422 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.83733 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83828 |
| 2nd High | 0.83745 |
| Next High | 0.83733 |
| Current Price | 0.83439 |
| Next Low | 0.83422 |
| 2nd Low | 0.83193 |
| 3rd Low | 0.83105 |