EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.8361034 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.83745 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83851 |
| 2nd High | 0.83828 |
| Next High | 0.83745 |
| Current Price | 0.83675 |
| Next Low | 0.83536 |
| 2nd Low | 0.83422 |
| 3rd Low | 0.83193 |