EUR/GBP – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.83438244 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.84339 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84536 |
| 2nd High | 0.84529 |
| Next High | 0.84339 |
| Current Price | 0.83735 |
| Next Low | 0.83193 |
| 2nd Low | 0.83105 |
| 3rd Low |