The pair Euro/British Pound (EUR/GBP) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.84138 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.84420 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84497 |
| 2nd High | 0.84473 |
| Next High | 0.84420 |
| Current Price | 0.84541 |
| Next Low | 0.84138 |
| 2nd Low | 0.84105 |
| 3rd Low | 0.84066 |
0.84420 – 0.84473 – 0.84309 – 0.84138 – 0.84167 – 0.84105