The currency pair Euro/British Pound (EUR/GBP) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.84173 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.84258 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84420 |
| 2nd High | 0.84281 |
| Next High | 0.84258 |
| Current Price | 0.84189 |
| Next Low | 0.84173 |
| 2nd Low | 0.84138 |
| 3rd Low | 0.84105 |
0.84258 – 0.84281 – 0.84420 – 0.84173 – 0.84138 – 0.84186
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji