EUR/GBP – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.83729 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.83959 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84474 |
| 2nd High | 0.84184 |
| Next High | 0.83959 |
| Current Price | 0.83425 |
| Next Low | 0.82984 |
| 2nd Low | 0.82946 |
| 3rd Low |