The combination Euro/British Pound (EUR/GBP) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.86147 is expected.
Caution: A possible change in the direction of the resistance level at 0.86481 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86707 |
| 2nd High | 0.86490 |
| Next High | 0.86481 |
| Current Price | 0.86420 |
| Next Low | 0.86147 |
| 2nd Low | 0.86111 |
| 3rd Low | 0.86093 |
0.86481 – 0.86265 – 0.86490 – 0.86147 – 0.86111 – 0.86093 — 58.838345381604 – 53.463021279857 — 20.950997115 – 10.207004022153 – 17.237588121562 – 16.715451948253
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – Inverse Head and Shoulder chart pattern – –