EUR/GBP – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.83193 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.83635 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83798 |
| 2nd High | 0.83673 |
| Next High | 0.83635 |
| Current Price | 0.83212 |
| Next Low | 0.83193 |
| 2nd Low | 0.83105 |
| 3rd Low |