EUR/GBP – 1H – SELLThe pair jumps from the ascending trendline downwards
A bearish trend downwards to the next support at 0.82946 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.83798 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83851 |
| 2nd High | 0.83828 |
| Next High | 0.83798 |
| Current Price | 0.83305 |
| Next Low | 0.82946 |
| 2nd Low | |
| 3rd Low |