EUR/GBP – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.84531588 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.84630 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84750 |
| 2nd High | 0.84673 |
| Next High | 0.84630 |
| Current Price | 0.84464 |
| Next Low | 0.84306 |
| 2nd Low | 0.84213 |
| 3rd Low | 0.84111 |