EUR/GBP – 30M – SELLThe combination Euro/British Pound (EUR/GBP) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.83084 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.83217 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.83123416 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.83217 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83272 |
| 2nd High | 0.83240 |
| Next High | 0.83217 |
| Current Price | 0.83124 |
| Next Low | 0.83084 |
| 2nd Low | 0.82764 |
| 3rd Low | 0.82746 |