EUR/GBP – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.84413 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.84525 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84630 |
| 2nd High | 0.84550 |
| Next High | 0.84525 |
| Current Price | 0.84479 |
| Next Low | 0.84196 |
| 2nd Low | 0.84111 |
| 3rd Low | 0.84056 |