EUR/GBP – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.82767728 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.83014 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83314 |
| 2nd High | 0.83123 |
| Next High | 0.83014 |
| Current Price | 0.82834 |
| Next Low | 0.82695 |
| 2nd Low | 0.82671 |
| 3rd Low | 0.82649 |