The pair Euro/British Pound (EUR/GBP) moves from the bullish trendline down.
A descent down to the next support line at 0.87064 will persist.
Caution: A possible change in the direction of the resistance level at 0.87577 could happen.
Consider stop-loss settings accordingly.
Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87964 |
| 2nd High | 0.87733 |
| Next High | 0.87577 |
| Current Price | 0.87499 |
| Next Low | 0.87064 |
| 2nd Low | 0.86856 |
| 3rd Low | 0.86824 |
0.87577 – 0.87312 – 0.87427 – 0.87064 – 0.8707 – 0.87283 —
0.87512 – 0.87641 —
66.405159060506 – 75.616574503305 —
– —
0.87577 – 1772136000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double top retreat up – – – – – – – –