EUR/GBP – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.844485 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.84525 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84630 |
| 2nd High | 0.84550 |
| Next High | 0.84525 |
| Current Price | 0.84388 |
| Next Low | 0.84267 |
| 2nd Low | 0.84213 |
| 3rd Low | 0.84111 |