The pair Euro/British Pound (EUR/GBP) jumps from the ascending trendline down.
A bearish descent down to the next support at 0.86644 is expected.
Caution: A possible change in the direction of resistance at 0.86778 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87085 |
| 2nd High | 0.86907 |
| Next High | 0.86778 |
| Current Price | 0.86802 |
| Next Low | 0.86644 |
| 2nd Low | 0.86534 |
| 3rd Low | 0.86519 |
0.86778 – 0.86907 – 0.86782 – 0.86644 – 0.86713 – 0.86534 —
0.86795 – 0.86856 —
48.711418346541 – 57.087117808454 —
– —
0.86778 – 1767920400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom chart pattern – – – – – – – –