The pair Euro/British Pound (EUR/GBP) jumps from the bullish trendline downwards
A bearish trend downwards to the next support level at will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.86481 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86707 |
| 2nd High | 0.8649 |
| Next High | 0.86481 |
| Current Price | 0.86675 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86481 – 0.86265 – 0.8649 – 0.8635 – 0.86147 – 0.86111 — 48.347393071054 – 35.706186139346 — 47.373533143038 – 47.373533143038 – 56.955680678089 – 50.920751851889
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom retreat down – –