The currency pair Euro/British Pound (EUR/GBP) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.84616 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.85404 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.87377 |
2nd High | 0.86235 |
Next High | 0.85404 |
Current Price | 0.84404 |
Next Low | 0.84616 |
2nd Low | 0.83224 |
3rd Low | 0.83151 |
0.85404 – 0.85380 – 0.86235 – 0.84616 – 0.84795 – 0.85250