Buy EUR/GBP – 1H – BUY

The pair Euro/British Pound (EUR/GBP) moves from the bearish trendline up.

A bullish movement up to the next resistance line at 0.8721 is likely expected.

Caution: A possible change in the direction of the support level at 0.86864 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually 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. Current target is 0.87029 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.8721 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.87412
2nd High 0.87234
Next High 0.8721
Current Price 0.86957
Next Low 0.86864
2nd Low 0.86824
3rd Low 0.86724

0.8721 – 0.8717 – 0.87234 – 0.86864 – 0.86878 – 0.86936 —
0.86980 – 0.86974 —
45.407834465335 – 47.454117659506 —
– —
0.8721 – 1770969600

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