EUR/GBP – 30M – BUYThe pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.83249 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.82845 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.83104332 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.83249 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83314 |
| 2nd High | 0.83281 |
| Next High | 0.83249 |
| Current Price | 0.82990 |
| Next Low | 0.82845 |
| 2nd Low | 0.82795 |
| 3rd Low | 0.82753 |