The currency pair Euro/British Pound (EUR/GBP) goes from the ascending trendline down.
A bearish trend downwards to the next support line at 0.82832 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.84061 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.84061 |
Current Price | 0.83690 |
Next Low | 0.82832 |
2nd Low | 0.82742 |
3rd Low | 0.82636 |