The currency pair Euro/British Pound (EUR/GBP) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.83266 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.83581 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83959 |
2nd High | 0.83752 |
Next High | 0.83581 |
Current Price | 0.83331 |
Next Low | 0.83266 |
2nd Low | 0.83229 |
3rd Low | 0.83093 |