EUR/GBP – 1H – SELLThe pair jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.83264 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.83798 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83851 |
| 2nd High | 0.83828 |
| Next High | 0.83798 |
| Current Price | 0.83582 |
| Next Low | 0.83264 |
| 2nd Low | 0.83249 |
| 3rd Low | 0.83193 |