EUR/GBP – 30M – BUY

In addition a ‘Inverse Head and Shoulder chart pattern’ chart layout is detected. The chart shows ‘Inverse Head and Shoulder chart pattern’. which is a bullish signal. The pair is likely to go up.

In addition a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.86652 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.86784 could happen.
Consider stop-loss settings accordingly.

0.86784 – 0.86681 – 0.86729 – 0.86526 – 0.86577 – 0.86565 —
0.86777 – 0.86724 —
63.296036253511 – 55.34655788243 —
– —
0.86784 – 1768489200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Inverse Head and Shoulder chart pattern – – – – – – – –