EUR/GBP – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.83030604 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.83249 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83642 |
| 2nd High | 0.83281 |
| Next High | 0.83249 |
| Current Price | 0.82930 |
| Next Low | 0.82625 |
| 2nd Low | 0.82220 |
| 3rd Low |