The currency pair Euro/British Pound (EUR/GBP) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.86864 will persist.
Caution: A possible change in the direction of the resistance level at 0.8698 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87187 |
| 2nd High | 0.86994 |
| Next High | 0.8698 |
| Current Price | 0.86952 |
| Next Low | 0.86864 |
| 2nd Low | 0.86824 |
| 3rd Low | 0.86724 |
0.8698 – 0.86994 – 0.87187 – 0.86864 – 0.86878 – 0.87 —
0.86951 – 0.86970 —
51.970755050853 – 53.373293120415 —
– —
0.8698 – 1771259400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – – – – – –