The combination Euro/British Pound (EUR/GBP) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.86344 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.86447 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86539 |
| 2nd High | 0.86497 |
| Next High | 0.86447 |
| Current Price | 0.86361 |
| Next Low | 0.86344 |
| 2nd Low | 0.86317 |
| 3rd Low | 0.86248 |
0.86447 – 0.86417 – 0.86497 – 0.86344 – 0.86317 – 0.86331 —
0.86360 – 0.86391 —
41.602650014749 – 54.485538243195 —
– —
0.86447 – 1773763200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Symmetrical Triangle Chart Pattern – – – – – – – –