EUR/GBP – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.8371327 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 0.83714 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84013 |
| 2nd High | 0.83862 |
| Next High | 0.83714 |
| Current Price | 0.83542 |
| Next Low | 0.83168 |
| 2nd Low | 0.83167 |
| 3rd Low |