EUR/GBP – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.84064096 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.84224 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84536 |
| Next High | 0.84224 |
| Current Price | 0.83950 |
| Next Low | 0.83914 |
| 2nd Low | 0.83826 |
| 3rd Low |