Buy EUR/GBP – 1H – BUY

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

An ascent upwards to the next resistance at 0.86497 is likely expected.

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

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Support & Resistance Price Range*
3rd High 0.86567
2nd High 0.86539
Next High 0.86497
Current Price 0.86387
Next Low
2nd Low
3rd Low

0.86497 – 0.86539 – 0.86366 – 0.86164 – 0.86196 – 0.86166 —
0.86407 – 0.86389 —
48.301601993878 – 50.10572884906 —
– —
0.86497 – 1773666000

Trading Signals:

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