EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) goes from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.86557 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.86421 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.86496224 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.86557 could occur.
Please make appropriate stop-loss settings in the case of a trade.

0.86557 – 0.86556 – 0.86453 – 0.86421 – 0.8636 – 0.86334 —
0.86505 – 0.86447 —
39.616019974529 – 32.306007391035 —
– —
0.86557 – 1778223600

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