EUR/GBP – 1H – BUY

The currency pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance level at 0.87007 is expected.

Caution: A possible change in the direction of the support level at 0.86364 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.86792 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.87007 could be enabled.
Consider stop-loss settings accordingly.

0.86617 – 0.86676 – 0.86792 – 0.86364 – 0.86449 – 0.86372 —
0.86782 – 0.86845 —
58.487581773574 – 56.773917572975 —
– —
0.86617 – 1774522800

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