The currency pair Euro/British Pound (EUR/GBP) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.84173 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.84281 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84473 |
| 2nd High | 0.84420 |
| Next High | 0.84281 |
| Current Price | 0.84224 |
| Next Low | 0.84173 |
| 2nd Low | 0.84138 |
| 3rd Low | 0.84105 |
0.84258 – 0.84281 – 0.84420 – 0.84173 – 0.84138 – 0.84186
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows