EUR/GBP – 30M – SELLThe combination Euro/British Pound (EUR/GBP) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 0.84768 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.84839 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84919 |
| 2nd High | 0.84883 |
| Next High | 0.84839 |
| Current Price | 0.85203 |
| Next Low | 0.84768 |
| 2nd Low | 0.84717 |
| 3rd Low | 0.84644 |
0.84839 – 0.84883 – 0.84681 – 0.84768 – 0.84717 – 0.84644
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows