EUR/GBP – 30M – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance level at 0.85738 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.85607 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.

Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.85847 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.85738 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

0.85738 – 0.86175 – 0.86238 – 0.85607 – 0.85456 – 0.85635 —
0.85647 – 0.85638 —
48.577492025752 – 51.908768538144 —
– —
0.85738 – 1783006200

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