The combination Euro/British Pound (EUR/GBP) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.82746 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.82979 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83141 |
2nd High | 0.83119 |
Next High | 0.82979 |
Current Price | 0.82792 |
Next Low | 0.82746 |
2nd Low | 0.82705 |
3rd Low | 0.82220 |