EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.843415 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.84442 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84673 |
| 2nd High | 0.84470 |
| Next High | 0.84442 |
| Current Price | 0.84352 |
| Next Low | 0.84213 |
| 2nd Low | 0.84111 |
| 3rd Low | 0.84056 |