EUR/GBP – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 0.86792 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.86364 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.86792 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.86792 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.86617 – 0.86676 – 0.86792 – 0.86364 – 0.86449 – 0.86372 —
0.86667 – 0.86718 —
56.907431627303 – 52.580871666567 —
– —
0.86617 – 1774522800

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