The combination Euro/British Pound (EUR/GBP) goes from the descending trendline down.
A continuation of the downward movement down to the next support at 0.82705 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.83125 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83314 |
2nd High | 0.83272 |
Next High | 0.83125 |
Current Price | 0.82996 |
Next Low | 0.82705 |
2nd Low | 0.82220 |
3rd Low |