EUR/GBP – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.84222066 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.84550 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84750 |
| 2nd High | 0.84630 |
| Next High | 0.84550 |
| Current Price | 0.84296 |
| Next Low | 0.84213 |
| 2nd Low | 0.84111 |
| 3rd Low | 0.84056 |