EUR/GBP – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.8412236 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.84474 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84536 |
| Next High | 0.84474 |
| Current Price | 0.83815 |
| Next Low | 0.82984 |
| 2nd Low | 0.82946 |
| 3rd Low |