EUR/GBP – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.844215 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.84550 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84673 |
| 2nd High | 0.84630 |
| Next High | 0.84550 |
| Current Price | 0.84312 |
| Next Low | 0.84306 |
| 2nd Low | 0.84213 |
| 3rd Low | 0.84111 |