The combination Euro/British Pound (EUR/GBP) moves from the ascending trendline down.
A bearish movement downwards to the next support at 0.83229 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.83586 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.84184 |
2nd High | 0.83959 |
Next High | 0.83586 |
Current Price | 0.83515 |
Next Low | 0.83229 |
2nd Low | 0.83093 |
3rd Low | 0.83061 |