EUR/GBP – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.87007 is certain.

Caution: A possible counter-trend in the direction of support at 0.86844 could occur.
Consider stop-loss settings accordingly.

In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

0.87007 – 0.87112 – 0.87118 – 0.86844 – 0.86932 – 0.86852 —
0.86640 – 0.86633 —
32.733031895915 – 39.728827861829 —
– —
0.87007 – 1772755200

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