EUR/GBP – 30M – SELLThe pair Euro/British Pound (EUR/GBP) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.86111 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.86265 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86707 |
| 2nd High | 0.86490 |
| Next High | 0.86265 |
| Current Price | 0.86240 |
| Next Low | 0.86111 |
| 2nd Low | 0.86093 |
| 3rd Low | 0.86081 |
0.86265 – 0.86490 – 0.86455 – 0.86111 – 0.86093 – 0.86167 — 56.758745271079 – 56.150065942614 — 93.773071692248 – 89.673596269672 – 93.095571607668 – 93.444401269348
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double top chart pattern – –