EUR/GBP – 1H – BUY

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

A bullish movement upwards to the next resistance level at 0.86437 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.86185 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Das Paar tendiert eventuell nach unten.

Furthermore a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Bullish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Das Paar tendiert eventuell nach unten.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.863475 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.86437 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

0.86437 – 0.86335 – 0.86328 – 0.86185 – 0.86239 – 0.86194 —
0.86296 – 0.86301 —
45.888589882885 – 45.454645442717 —
– —
0.86437 – 1781200800

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