EUR/GBP – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.833605 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.83598 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83862 |
| 2nd High | 0.83714 |
| Next High | 0.83598 |
| Current Price | 0.83259 |
| Next Low | 0.83123 |
| 2nd Low | |
| 3rd Low |