EUR/GBP – 1H – SELLThe pair goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.83539 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.83851 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84042 |
| 2nd High | 0.83880 |
| Next High | 0.83851 |
| Current Price | 0.83703 |
| Next Low | 0.83539 |
| 2nd Low | 0.83422 |
| 3rd Low | 0.83193 |