EUR/GBP – 30M – SELLThe pair moves from the ascending trendline downwards
A bearish descent down to the next support at 0.83281 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.83428 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83514 |
| 2nd High | 0.83497 |
| Next High | 0.83428 |
| Current Price | 0.83355 |
| Next Low | 0.83281 |
| 2nd Low | 0.83230 |
| 3rd Low | 0.83229 |