The combination Euro/British Pound (EUR/GBP) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.83044 will persist.
Caution: A possible change in the direction of the resistance zone at 0.83219 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83512 |
2nd High | 0.83386 |
Next High | 0.83219 |
Current Price | 0.83162 |
Next Low | 0.83044 |
2nd Low | 0.83041 |
3rd Low | 0.82675 |