EUR/GBP – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.83729 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.84474 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84536 |
| Next High | 0.84474 |
| Current Price | 0.84098 |
| Next Low | 0.82984 |
| 2nd Low | 0.82946 |
| 3rd Low |