EUR/GBP – 30M – BUYThe combination Euro/British Pound (EUR/GBP) moves from the bearish trendline up.
A bullish trend up to the next resistance level at 0.83014 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.82864 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.82897 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.83014 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83314 |
| 2nd High | 0.83123 |
| Next High | 0.83014 |
| Current Price | 0.82933 |
| Next Low | 0.82864 |
| 2nd Low | 0.82695 |
| 3rd Low | 0.82671 |