EUR/GBP – 30M – SELL
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.84179 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.84529 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.84550 |
2nd High | 0.84536 |
Next High | 0.84529 |
Current Price | 0.84214 |
Next Low | 0.84179 |
2nd Low | 0.84111 |
3rd Low | 0.84056 |