The currency pair Euro/British Pound (EUR/GBP) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.86166 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.86366 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86576 |
| 2nd High | 0.86567 |
| Next High | 0.86366 |
| Current Price | 0.86260 |
| Next Low | 0.86166 |
| 2nd Low | |
| 3rd Low |
0.86366 – 0.86567 – 0.86576 – 0.86166 – 0.86208 – 0.8644 —
0.86261 – 0.86333 —
35.050642325492 – 56.346996440339 —
0.86166 – 1773331200 —
0.86366 – 1773306000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –