EUR/GBP – 30M – SELLThe pair Euro/British Pound (EUR/GBP) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.86384 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.86553 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86864 |
| 2nd High | 0.86826 |
| Next High | 0.86553 |
| Current Price | 0.86421 |
| Next Low | 0.86384 |
| 2nd Low | 0.8635 |
| 3rd Low | 0.86147 |
0.86553 – 0.86551 – 0.86826 – 0.86384 – 0.864 – 0.86486 — 51.21941493183 – 41.292595361571 — 12.843965584063 – 12.843965584063 – 23.396435612673 – 14.720053174936
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Tweezers Top – Double top chart pattern – –