EUR/GBP – 1H – SELLThe pair jumps from the ascending trendline down.
A bearish trend down to the next support at 0.84179 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.84536 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84630 |
| 2nd High | 0.84550 |
| Next High | 0.84536 |
| Current Price | 0.84175 |
| Next Low | 0.84179 |
| 2nd Low | 0.84111 |
| 3rd Low | 0.84056 |