There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 208.052972 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 209.476 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 210.511 |
| 2nd High | 209.678 |
| Next High | 209.476 |
| Current Price | 207.99000 |
| Next Low | 207.045 |
| 2nd Low | 206.761 |
| 3rd Low | 206.584 |
209.476 – 209.678 – 209.324 – 208.039 – 207.551 – 207.628 —
208.90300 – 207.90400 —
35.673968199438 – 21.721230194356 —
– —
209.476 – 1771290000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Head and Shoulder chart pattern – – – – – – – –