The currency pair Euro/British Pound (EUR/GBP) moves from the bullish trendline down.
A bearish trend downwards to the next support level at 0.8485 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.85339 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85548 |
| 2nd High | 0.85442 |
| Next High | 0.85339 |
| Current Price | 0.85041 |
| Next Low | 0.8485 |
| 2nd Low | 0.8473 |
| 3rd Low | 0.84685 |
0.84927 – 0.84922 – 0.84792 – 0.8485 – 0.8473 – 0.84685 —
0.85111 – 0.85114 —
82.724793675212 – 71.259372481471 —
– —
0.84927 – 1784232000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –