The pair Euro/British Pound (EUR/GBP) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.86384 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.86553 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86938 |
| 2nd High | 0.86835 |
| Next High | 0.86553 |
| Current Price | 0.86476 |
| Next Low | 0.86384 |
| 2nd Low | 0.86093 |
| 3rd Low | 0.86081 |
0.86553 – 0.86835 – 0.86804 – 0.86384 – 0.864 – 0.86645 — 50.741701611304 – 46.899472805752 — 46.499659449731 – 33.078763356298 – 59.457894550456 – 47.906232012543
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Down – – –