The combination Euro/British Pound (EUR/GBP) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.82864 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.83123 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83386 |
2nd High | 0.83314 |
Next High | 0.83123 |
Current Price | 0.82853 |
Next Low | 0.82864 |
2nd Low | 0.82671 |
3rd Low | 0.82596 |