The combination Euro/British Pound (EUR/GBP) jumps from the ascending trendline downwards
A descending movement downwards to the next support at 0.86404 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.86507 is also possible.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86545 |
| 2nd High | 0.86516 |
| Next High | 0.86507 |
| Current Price | 0.86490 |
| Next Low | 0.86404 |
| 2nd Low | 0.86396 |
| 3rd Low | 0.8629 |
0.86507 – 0.86453 – 0.86516 – 0.86404 – 0.86405 – 0.86396 —
0.86473 – 0.86537 —
52.113273150881 – 69.242183843631 —
– —
0.86507 – 1781616600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –