EUR/GBP – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.82596 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.83256 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83959 |
| 2nd High | 0.83396 |
| Next High | 0.83256 |
| Current Price | 0.82859 |
| Next Low | 0.82596 |
| 2nd Low | |
| 3rd Low |