EUR/GBP – 1H – SELLThe currency pair Euro/British Pound (EUR/GBP) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.82675 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.83314 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83552 |
| 2nd High | 0.83386 |
| Next High | 0.83314 |
| Current Price | 0.82974 |
| Next Low | 0.82675 |
| 2nd Low | 0.82596 |
| 3rd Low |