EUR/GBP – 1H – SELLThe combination goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.83862 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84536 |
| 2nd High | 0.84224 |
| Next High | 0.83862 |
| Current Price | 0.83285 |
| Next Low | |
| 2nd Low | |
| 3rd Low |