The combination Euro/British Pound (EUR/GBP) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.83820 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.83980 should be noted.
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 | 0.83899 |
Next Low | 0.83820 |
2nd Low | 0.83816 |
3rd Low | 0.83727 |
0.83929 – 0.83980 – 0.83981 – 0.83820 – 0.83825 – 0.83816