EUR/GBP – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.83286744 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.83392 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 | 0.83392 |
| Current Price | 0.83336 |
| Next Low | 0.83185 |
| 2nd Low | 0.82946 |
| 3rd Low |