EUR/GBP – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.84222066 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.84525 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84630 |
| 2nd High | 0.84550 |
| Next High | 0.84525 |
| Current Price | 0.84362 |
| Next Low | 0.84267 |
| 2nd Low | 0.84213 |
| 3rd Low | 0.84111 |