The combination Euro/British Pound (EUR/GBP) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.86724 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.87007 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87118 |
| 2nd High | 0.87112 |
| Next High | 0.87007 |
| Current Price | 0.86784 |
| Next Low | 0.86724 |
| 2nd Low | 0.86118 |
| 3rd Low | 0.86111 |
0.87007 – 0.8698 – 0.87112 – 0.86844 – 0.86855 – 0.86932 —
0.86900 – 0.86891 —
40.096258980645 – 45.506312746488 —
– —
0.87007 – 1772755200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –