EUR/GBP – 30M – BUY
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.844215 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.84550 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.84673 |
2nd High | 0.84630 |
Next High | 0.84550 |
Current Price | 0.84312 |
Next Low | 0.84306 |
2nd Low | 0.84213 |
3rd Low | 0.84111 |