Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 214.662474 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 215.553 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 215.606 |
| Next High | 215.553 |
| Current Price | 213.62200 |
| Next Low | 212.924 |
| 2nd Low | 211.197 |
| 3rd Low | 210.44 |
215.553 – 215.23 – 215.606 – 213.863 – 212.924 – 213.32 —
213.43100 – 213.55100 —
37.194831513946 – 43.34525211442 —
– —
215.553 – 1781625600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –