EUR/GBP – 1H – SELLThe combination Euro/British Pound (EUR/GBP) goes from the bullish trendline down.
The bearish trend down to the next support level at 0.84644 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.85460 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85649 |
| 2nd High | 0.85472 |
| Next High | 0.85460 |
| Current Price | 0.85014 |
| Next Low | 0.84644 |
| 2nd Low | 0.84138 |
| 3rd Low | 0.84105 |
0.85460 – 0.84883 – 0.84681 – 0.85028 – 0.84644 – 0.84138
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Down