EUR/GBP – 1H – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.83167 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.83862 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84536 |
| 2nd High | 0.84224 |
| Next High | 0.83862 |
| Current Price | 0.83561 |
| Next Low | 0.83167 |
| 2nd Low | |
| 3rd Low |