EUR/GBP – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.83239978 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.83399 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83497 |
| 2nd High | 0.83428 |
| Next High | 0.83399 |
| Current Price | 0.83203 |
| Next Low | 0.83170 |
| 2nd Low | 0.83139 |
| 3rd Low | 0.83029 |