EUR/GBP – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.83167 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.83714 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84224 |
| 2nd High | 0.83862 |
| Next High | 0.83714 |
| Current Price | 0.83425 |
| Next Low | 0.83213 |
| 2nd Low | 0.83167 |
| 3rd Low |