EUR/GBP – 1H – SELLThe pair goes from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.83539 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.83851 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84042 |
| 2nd High | 0.83880 |
| Next High | 0.83851 |
| Current Price | 0.83778 |
| Next Low | 0.83539 |
| 2nd Low | 0.83422 |
| 3rd Low | 0.83193 |