EUR/GBP – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.83492498 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.83598 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83862 |
| 2nd High | 0.83714 |
| Next High | 0.83598 |
| Current Price | 0.83428 |
| Next Low | 0.83105 |
| 2nd Low | |
| 3rd Low |