EUR/GBP – 1H – SELLThe combination Euro/British Pound (EUR/GBP) goes from the bullish trendline down.
A bearish movement down to the next support at 0 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Double top chart pattern’ chart pattern is existing. The chart picture shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.85303 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.85649 – 0.85830 – 0.86235 – 0.85303 – 0.85385 – 0.85796