EUR/GBP – 1H – BUY
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.84047776 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.84339 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.84550 |
2nd High | 0.84536 |
Next High | 0.84339 |
Current Price | 0.83832 |
Next Low | 0.83422 |
2nd Low | 0.83193 |
3rd Low | 0.83105 |