EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.83700832 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.84184 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84474 |
| 2nd High | 0.84426 |
| Next High | 0.84184 |
| Current Price | 0.83954 |
| Next Low | 0.83906 |
| 2nd Low | 0.83841 |
| 3rd Low | 0.83462 |