EUR/GBP – 30M – SELLThe combination Euro/British Pound (EUR/GBP) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at is certain.
Caution: A possible trend reversal in the direction of resistance at 0.86536 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86643 |
| 2nd High | 0.86543 |
| Next High | 0.86536 |
| Current Price | 0.86489 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86536 – 0.86543 – 0.86643 – 0.86439 – 0.86347 – 0.86384 — 56.265559093909 – 52.255095893164 — 74.415943549156 – 53.755443247195 – 84.429782043894 – 69.580518306521
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Rising Wedge Chart Pattern – –