EUR/GBP – 1H – SELLThe combination jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.83539 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.83851 should be noted.
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 | 0.83687 |
| Next Low | 0.83539 |
| 2nd Low | 0.83422 |
| 3rd Low | 0.83193 |