EUR/GBP – 1H – SELLThe currency pair goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.83914 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.84224 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84536 |
| Next High | 0.84224 |
| Current Price | 0.83919 |
| Next Low | 0.83914 |
| 2nd Low | 0.83826 |
| 3rd Low |