EUR/GBP – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.84047776 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.84339 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84536 |
| Next High | 0.84339 |
| Current Price | 0.83832 |
| Next Low | 0.83422 |
| 2nd Low | 0.83193 |
| 3rd Low | 0.83105 |