EUR/GBP – 1H – SELLThe pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.83734 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.84042 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84536 |
| 2nd High | 0.84339 |
| Next High | 0.84042 |
| Current Price | 0.83755 |
| Next Low | 0.83734 |
| 2nd Low | 0.83422 |
| 3rd Low | 0.83193 |