The pair Euro/British Pound (EUR/GBP) goes from the ascending trendline down.
The bearish trend down to the next support at 0.84644 is expected.
Caution: A possible change in the direction of the resistance level at 0.85218 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85445 |
| 2nd High | 0.85404 |
| Next High | 0.85218 |
| Current Price | 0.85091 |
| Next Low | 0.84644 |
| 2nd Low | 0.84138 |
| 3rd Low | 0.84105 |
0.84883 – 0.84681 – 0.84420 – 0.84644 – 0.84138 – 0.84167
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows