EUR/GBP – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.84285436 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.84536 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 | 0.84536 |
| Current Price | 0.84334 |
| Next Low | 0.84179 |
| 2nd Low | 0.84111 |
| 3rd Low | 0.84056 |