The currency pair Euro/British Pound (EUR/GBP) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.82864 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.83123 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83386 |
2nd High | 0.83314 |
Next High | 0.83123 |
Current Price | 0.82893 |
Next Low | 0.82864 |
2nd Low | 0.82695 |
3rd Low | 0.82671 |