EUR/GBP – 1H – SELL
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.83249 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.83798 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83851 |
2nd High | 0.83828 |
Next High | 0.83798 |
Current Price | 0.83204 |
Next Low | 0.83193 |
2nd Low | 0.83105 |
3rd Low |