The combination Euro/British Pound (EUR/GBP) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.83452 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.83835 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83898 |
2nd High | 0.83847 |
Next High | 0.83835 |
Current Price | 0.83586 |
Next Low | 0.83452 |
2nd Low | 0.82498 |
3rd Low | 0.82473 |
0.83835 – 0.83847 – 0.83739 – 0.83452 – 0.83670 – 0.83670