EUR/GBP – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.83249 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.83798 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83851 |
| 2nd High | 0.83828 |
| Next High | 0.83798 |
| Current Price | 0.83204 |
| Next Low | 0.83193 |
| 2nd Low | 0.83105 |
| 3rd Low |