Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 210.061316 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 210.833 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.433 |
| 2nd High | 213.719 |
| Next High | 210.833 |
| Current Price | 210.38300 |
| Next Low | 208.129 |
| 2nd Low | 208.076 |
| 3rd Low | 207.227 |
210.833 – 209.219 – 209.683 – 208.129 – 208.215 – 208.076 —
210.40600 – 210.79200 —
63.28736344369 – 61.460041338169 —
– —
210.833 – 1771952400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –