EUR/GBP – 1H – BUYThe pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 0.83314 will continue.
Caution: A possible change in the direction of support at 0.82675 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.831585 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.83314 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83552 |
| 2nd High | 0.83386 |
| Next High | 0.83314 |
| Current Price | 0.83008 |
| Next Low | 0.82675 |
| 2nd Low | 0.82596 |
| 3rd Low |