EUR/GBP – 1H – BUY

There is also a ‘Double bottom chart pattern’ chart pattern is detected. The chart picture forms ‘Double bottom chart pattern’. this is a bullish signal. The currency pair is likely to go up.

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

The bullish trend upwards to the next resistance line at 0.88233 is expected.

Caution: A possible change in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

0.88233 – 0.8865 – 0.88379 – 0.87975 – 0.87895 – 0.88119 —
0.88154 – 0.88184 —
55.362770694771 – 57.937702819995 —
– —
0.88233 – 1763478000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom chart pattern – – – –