Buy EUR/GBP – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.83841636 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.83828 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.83880
2nd High 0.83851
Next High 0.83828
Current Price 0.83711
Next Low 0.83539
2nd Low 0.83422
3rd Low 0.83193

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