EUR/GBP – 30M – BUYThe combination Euro/British Pound (EUR/GBP) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 0.82461 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.82386 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.82516272 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.82461 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82851 |
| 2nd High | 0.82828 |
| Next High | 0.82461 |
| Current Price | 0.82402 |
| Next Low | 0.82386 |
| 2nd Low | |
| 3rd Low |