EUR/GBP – 30M – SELLThe currency pair Euro/British Pound (EUR/GBP) moves from the ascending trendline downwards
A descending movement down to the next support level at 0.85656 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.86187 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87377 |
| 2nd High | 0.86938 |
| Next High | 0.86187 |
| Current Price | 0.86094 |
| Next Low | 0.85656 |
| 2nd Low | 0.85563 |
| 3rd Low | 0.85541 |
0.86187 – 0.85823 – 0.86164 – 0.85656 – 0.85563 – 0.85541