EUR/GBP – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.83286508 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.83232 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83959 |
| 2nd High | 0.83451 |
| Next High | 0.83232 |
| Current Price | 0.83123 |
| Next Low | 0.83061 |
| 2nd Low | 0.83048 |
| 3rd Low | 0.82754 |