EUR/GBP – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.83619476 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.83828 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83880 |
| 2nd High | 0.83851 |
| Next High | 0.83828 |
| Current Price | 0.83681 |
| Next Low | 0.83539 |
| 2nd Low | 0.83422 |
| 3rd Low | 0.83193 |