The combination Euro/British Pound (EUR/GBP) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at is likely expected.
Caution: A possible change in the direction of resistance at 0.86495 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86864 |
| 2nd High | 0.86737 |
| Next High | 0.86495 |
| Current Price | 0.86419 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86495 – 0.86737 – 0.86667 – 0.8631 – 0.86307 – 0.86342 —
0.86391 – 0.86451 —
46.105934114542 – 59.806253179594 —
– —
0.86495 – 1780398000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –