EUR/GBP – 30M – SELLThe combination Euro/British Pound (EUR/GBP) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.82893 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.83007 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83386 |
| 2nd High | 0.83314 |
| Next High | 0.83007 |
| Current Price | 0.82948 |
| Next Low | 0.82893 |
| 2nd Low | 0.82695 |
| 3rd Low | 0.82671 |