EUR/GBP – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.843705 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.84630 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84921 |
| 2nd High | 0.84750 |
| Next High | 0.84630 |
| Current Price | 0.84398 |
| Next Low | 0.84213 |
| 2nd Low | 0.84111 |
| 3rd Low | 0.84056 |