The combination Euro/British Pound (EUR/GBP) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.83058 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.83219 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83512 |
2nd High | 0.83386 |
Next High | 0.83219 |
Current Price | 0.83171 |
Next Low | 0.83058 |
2nd Low | 0.83041 |
3rd Low | 0.82675 |