EUR/GBP – 1H – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance level at 0.87312 will continue.

Caution: A possible trend reversal in the direction of support at 0.87064 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. 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 will continue. Current target is 0.872775 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.87312 could happen.
Please make appropriate stop-loss settings in the case of a trade.

0.87312 – 0.87427 – 0.87444 – 0.87064 – 0.8707 – 0.87283 —
0.87189 – 0.87223 —
53.619103646728 – 54.090239024936 —
– —
0.87312 – 1772010000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom retreat down – – – – – – – –