EUR/GBP – 30M – BUYThe combination moves from the bullish trendline down.
A bearish descent downwards to the next support line at 0.83264 will continue.
Caution: A possible change in the direction of the resistance line at 0.83635 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Current target is 0.83366486 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 0.83635 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83798 |
| 2nd High | 0.83673 |
| Next High | 0.83635 |
| Current Price | 0.83345 |
| Next Low | 0.83264 |
| 2nd Low | 0.83249 |
| 3rd Low | 0.83193 |