EUR/GBP – 30M – BUY

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

A bullish ascent upwards to the next resistance at 0.86336 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.86206 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover 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 signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.86371 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.86336 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

0.86336 – 0.86366 – 0.86567 – 0.86206 – 0.86166 – 0.86208 —
0.86248 – 0.86307 —
48.707063491949 – 52.650615486544 —
– —
0.86336 – 1773342000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – – – – – –