EUR/GBP – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.83441 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.83579 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83714 |
| 2nd High | 0.83598 |
| Next High | 0.83579 |
| Current Price | 0.83335 |
| Next Low | 0.83243 |
| 2nd Low | 0.83168 |
| 3rd Low | 0.83167 |