EUR/GBP – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 0.82532084 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.82828 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83002 |
| 2nd High | 0.82851 |
| Next High | 0.82828 |
| Current Price | 0.82484 |
| Next Low | 0.82386 |
| 2nd Low | |
| 3rd Low |