The pair Euro/British Pound (EUR/GBP) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.86208 is expected.
Caution: A possible change in the direction of the resistance zone at 0.86366 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86605 |
| 2nd High | 0.86567 |
| Next High | 0.86366 |
| Current Price | 0.86260 |
| Next Low | 0.86208 |
| 2nd Low | 0.86118 |
| 3rd Low | 0.86093 |
0.86366 – 0.86567 – 0.86605 – 0.86208 – 0.86414 – 0.86435 —
0.86331 – 0.86325 —
47.462144725929 – 51.630568913821 —
– —
0.86366 – 1773306000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –