And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 211.95 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 213.299 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.433 |
| 2nd High | 213.719 |
| Next High | 213.299 |
| Current Price | 212.57700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
213.299 – 212.883 – 212.409 – 212.36 – 211.973 – 211.589 —
212.64900 – 212.76100 —
39.459060419094 – 45.071169808066 —
– —
213.299 – 1773268200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –