EUR/GBP – 30M – BUYThe currency pair Euro/British Pound (EUR/GBP) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.83249 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.82850 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.83140502 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.83249 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83314 |
| 2nd High | 0.83281 |
| Next High | 0.83249 |
| Current Price | 0.83171 |
| Next Low | 0.82850 |
| 2nd Low | 0.82742 |
| 3rd Low | 0.82636 |