EUR/GBP – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.84507516 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.84550 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84750 |
| 2nd High | 0.84630 |
| Next High | 0.84550 |
| Current Price | 0.84483 |
| Next Low | 0.84213 |
| 2nd Low | 0.84111 |
| 3rd Low | 0.84056 |