EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.83221348 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.83450 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83714 |
| 2nd High | 0.83598 |
| Next High | 0.83450 |
| Current Price | 0.83340 |
| Next Low | 0.83105 |
| 2nd Low | |
| 3rd Low |