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 0.84302238 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.84468 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84673 |
| 2nd High | 0.84630 |
| Next High | 0.84468 |
| Current Price | 0.84394 |
| Next Low | 0.84306 |
| 2nd Low | 0.84213 |
| 3rd Low | 0.84111 |