EUR/GBP – 1H – BUYThe pair Euro/British Pound (EUR/GBP) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.83642 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.83302 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.83642 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.83642 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83959 |
| 2nd High | 0.83752 |
| Next High | 0.83642 |
| Current Price | 0.83455 |
| Next Low | 0.83302 |
| 2nd Low | 0.83088 |
| 3rd Low | 0.82675 |