EUR/GBP – 30M – BUYThe combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 0.83002 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.82788 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.82845 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.83002 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83014 |
| 2nd High | 0.83005 |
| Next High | 0.83002 |
| Current Price | 0.82869 |
| Next Low | 0.82788 |
| 2nd Low | 0.82718 |
| 3rd Low | 0.82691 |