Buy EUR/GBP – 1H – BUY

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

A bullish movement upwards to the next resistance level at 0.86282 is expected.

Caution: A possible change in the direction of the support zone at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.

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 0.86443 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.86282 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.86863
2nd High 0.86344
Next High 0.86282
Current Price 0.86254
Next Low
2nd Low
3rd Low

0.86282 – 0.86344 – 0.86863 – 0.86056 – 0.86023 – 0.86145 —
0.86305 – 0.86340 —
64.150973361497 – 50.601659109106 —
– —
0.86282 – 1782338400

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