The pair Euro/British Pound (EUR/GBP) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 0 will persist.
Caution: A possible counter-trend in the direction of resistance at 0 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.88054 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.88233 – 0.88177 – 0.88283 – 0.88054 – 0.87895 – 0.8792 —
0.88186 – 0.88094 —
54.249504774664 – 45.063424405305 —
– —
0.88233 – 1763478000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – –