EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.83108604 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.83357 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83673 |
| 2nd High | 0.83635 |
| Next High | 0.83357 |
| Current Price | 0.83274 |
| Next Low | 0.83189 |
| 2nd Low | 0.82946 |
| 3rd Low |