EUR/GBP – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.83807026 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.83851 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84042 |
| 2nd High | 0.83880 |
| Next High | 0.83851 |
| Current Price | 0.83725 |
| Next Low | 0.83539 |
| 2nd Low | 0.83422 |
| 3rd Low | 0.83193 |