EUR/GBP – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.83914 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.84224 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84550 |
| 2nd High | 0.84536 |
| Next High | 0.84224 |
| Current Price | 0.83847 |
| Next Low | 0.83826 |
| 2nd Low | |
| 3rd Low |