EUR/GBP – 30M – SELLThe combination jumps from the descending trendline down.
A continuation of the downtrend down to the next support at 0.83140 will continue.
Caution: A possible change in the direction of resistance at 0.83959 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84426 |
| 2nd High | 0.84184 |
| Next High | 0.83959 |
| Current Price | 0.83145 |
| Next Low | 0.83140 |
| 2nd Low | 0.82984 |
| 3rd Low | 0.82946 |