EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.84333788 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.84449 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84525 |
| Next High | 0.84449 |
| Current Price | 0.84377 |
| Next Low | 0.84343 |
| 2nd Low | 0.84269 |
| 3rd Low | 0.84267 |