EUR/GBP – 1H – SELLThe combination Euro/British Pound (EUR/GBP) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.83093 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.83586 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84184 |
| 2nd High | 0.83959 |
| Next High | 0.83586 |
| Current Price | 0.83414 |
| Next Low | 0.83093 |
| 2nd Low | 0.83061 |
| 3rd Low | 0.83048 |