EUR/GBP – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.83030604 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.83281 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83752 |
| 2nd High | 0.83642 |
| Next High | 0.83281 |
| Current Price | 0.82880 |
| Next Low | 0.82746 |
| 2nd Low | 0.82220 |
| 3rd Low |