EUR/GBP – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.83722 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.84339 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84536 |
| Next High | 0.84339 |
| Current Price | 0.84001 |
| Next Low | 0.83193 |
| 2nd Low | 0.83105 |
| 3rd Low |