EUR/GBP – 1H – SELLThe currency pair Euro/British Pound (EUR/GBP) goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.85541 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.86164 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87377 |
| 2nd High | 0.86938 |
| Next High | 0.86164 |
| Current Price | 0.85756 |
| Next Low | 0.85541 |
| 2nd Low | 0.85250 |
| 3rd Low | 0.85189 |
0.86164 – 0.86938 – 0.87377 – 0.85541 – 0.85250 – 0.86330