EUR/GBP – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.832405 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.83399 could be enabled.
Consider stop-loss settings accordingly.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83497 |
| 2nd High | 0.83428 |
| Next High | 0.83399 |
| Current Price | 0.83139 |
| Next Low | 0.82984 |
| 2nd Low | 0.82946 |
| 3rd Low |