EUR/GBP – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.82929172 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.83461 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83959 |
| 2nd High | 0.83752 |
| Next High | 0.83461 |
| Current Price | 0.83122 |
| Next Low | 0.82675 |
| 2nd Low | 0.82596 |
| 3rd Low |