EUR/GBP – 30M – BUY

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

An ascending movement upwards to the next resistance at 0.86824 is likely expected.

Caution: A possible change in the direction of the support level at 0.86685 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. 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 likely expected. Target of the current trend is 0.86887 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.86824 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

0.86824 – 0.86968 – 0.87085 – 0.86685 – 0.86924 – 0.86941 —
0.86792 – 0.86799 —
47.883210244204 – 48.078953639237 —
– —
0.86824 – 1769441400

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