The combination Euro/British Pound (EUR/GBP) moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 0.87453 is expected.
Caution: A possible change in the direction of the resistance line at 0.87889 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88012 |
| 2nd High | 0.87964 |
| Next High | 0.87889 |
| Current Price | 0.87666 |
| Next Low | 0.87453 |
| 2nd Low | 0.87141 |
| 3rd Low | 0.87064 |
0.87889 – 0.87644 – 0.87577 – 0.87453 – 0.87141 – 0.87064 —
0.87818 – 0.87683 —
63.281086814174 – 51.314152567568 —
– —
0.87889 – 1772218800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –