EUR/GBP – 30M – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.83862 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84224 |
| 2nd High | 0.84013 |
| Next High | 0.83862 |
| Current Price | 0.83316 |
| Next Low | |
| 2nd Low | |
| 3rd Low |