The currency pair Euro/British Pound (EUR/GBP) goes from the bullish trendline downwards
A bearish trend down to the next support line at 0.86662 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.86861 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87085 |
| 2nd High | 0.86907 |
| Next High | 0.86861 |
| Current Price | 0.86777 |
| Next Low | 0.86662 |
| 2nd Low | 0.86644 |
| 3rd Low | 0.86534 |
0.86861 – 0.86778 – 0.86907 – 0.86662 – 0.86707 – 0.86644 —
0.86805 – 0.86790 —
43.10382879996 – 52.101874657204 —
– —
0.86861 – 1767961800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Inverse Head and Shoulder chart pattern – – – – – – – –