Sell EUR/GBP – 30M – SELL

The combination Euro/British Pound (EUR/GBP) jumps from the descending trendline down.

A continuation of the downtrend down to the next support line at 0.83727 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.83980 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.84075
2nd High 0.83981
Next High 0.83980
Current Price 0.83865
Next Low 0.83727
2nd Low 0.83224
3rd Low 0.83151

0.83980 – 0.83981 – 0.84075 – 0.83727 – 0.83880 – 0.83874

Trading Signals:

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