EUR/GBP – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.838515 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.83862 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84536 |
| 2nd High | 0.84224 |
| Next High | 0.83862 |
| Current Price | 0.83584 |
| Next Low | 0.83167 |
| 2nd Low | |
| 3rd Low |