The combination Euro/British Pound (EUR/GBP) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.82753 will persist.
Caution: A possible change in the direction of the resistance zone at 0.83249 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83314 |
2nd High | 0.83281 |
Next High | 0.83249 |
Current Price | 0.82896 |
Next Low | 0.82753 |
2nd Low | 0.82636 |
3rd Low | 0.82625 |