EUR/GBP – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.83729 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.84426 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84529 |
| 2nd High | 0.84474 |
| Next High | 0.84426 |
| Current Price | 0.84021 |
| Next Low | 0.83841 |
| 2nd Low | 0.83462 |
| 3rd Low | 0.82984 |