EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.83366656 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.83862 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84224 |
| 2nd High | 0.84013 |
| Next High | 0.83862 |
| Current Price | 0.83513 |
| Next Low | 0.83168 |
| 2nd Low | 0.83167 |
| 3rd Low |