EUR/GBP – 30M – BUY

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

A bullish trend up to the next resistance line at 0.86776 is expected.

Caution: A possible reversal of the trend in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.86843476 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.86776 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.86776 – 0.86783 – 0.86754 – 0.86531 – 0.86636 – 0.8689 —
0.86775 – 0.86740 —
58.38890916172 – 48.207377722926 —
– —
0.86776 – 1776974400

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