EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards

An ascending movement up to the next resistance at 0.86867 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

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 0.86869 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.86867 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

0.86867 – 0.86824 – 0.86968 – 0.86653 – 0.86677 – 0.86685 —
0.86770 – 0.86854 —
42.163087637265 – 42.479982181147 —
– —
0.86867 – 1769481000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –