EUR/GBP – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.832715 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.83514 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83828 |
| 2nd High | 0.83798 |
| Next High | 0.83514 |
| Current Price | 0.83368 |
| Next Low | 0.83139 |
| 2nd Low | 0.83029 |
| 3rd Low | 0.82946 |