EUR/GBP – 1H – BUYThe combination moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.83497 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.83229 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.8339954 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.83497 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83798 |
| 2nd High | 0.83514 |
| Next High | 0.83497 |
| Current Price | 0.83312 |
| Next Low | 0.83229 |
| 2nd Low | 0.83139 |
| 3rd Low | 0.83029 |