EUR/GBP – 4H – SELLThe currency pair Euro/British Pound (EUR/GBP) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.83552 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.84588 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86235 |
| 2nd High | 0.85404 |
| Next High | 0.84588 |
| Current Price | 0.84075 |
| Next Low | 0.83552 |
| 2nd Low | 0.83224 |
| 3rd Low | 0.83151 |
0.84588 – 0.84405 – 0.85404 – 0.83552 – 0.83797 – 0.83933
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Matching Low