EUR/GBP – 1H – SELLThe pair jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.83264 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.83798 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83851 |
| 2nd High | 0.83828 |
| Next High | 0.83798 |
| Current Price | 0.83578 |
| Next Low | 0.83264 |
| 2nd Low | 0.83249 |
| 3rd Low | 0.83193 |