EUR/GBP – 30M – SELLThe combination Euro/British Pound (EUR/GBP) moves from the ascending trendline down.
A bearish trend down to the next support line at 0.85098 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.85307 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85472 |
| 2nd High | 0.85460 |
| Next High | 0.85307 |
| Current Price | 0.85138 |
| Next Low | 0.85098 |
| 2nd Low | 0.84951 |
| 3rd Low | 0.84927 |
0.85191 – 0.85164 – 0.85307 – 0.85098 – 0.84951 – 0.84927
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows