EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.83123 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.83369 should always be considered.
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 | 0.83369 |
| Current Price | 0.83141 |
| Next Low | 0.83123 |
| 2nd Low | |
| 3rd Low |