EUR/GBP – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.876125 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.87535 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88176 |
| 2nd High | 0.88012 |
| Next High | 0.87535 |
| Current Price | 0.87397 |
| Next Low | 0.87213 |
| 2nd Low | 0.86657 |
| 3rd Low | 0.86638 |
0.87535 – 0.88012 – 0.87932 – 0.87213 – 0.87367 – 0.87474 —
0.87328 – 0.87393 —
30.662218471523 – 45.340821524602 —
– —
0.87535 – 1764846000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double top chart pattern – – – – – – – –