Buy EUR/GBP – 30M – BUY

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

An ascent upwards to the next resistance line at 0.85738 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.85456 could occur.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

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 the resistance level at 0.85738 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.86238
2nd High 0.86175
Next High 0.85738
Current Price 0.85634
Next Low 0.85456
2nd Low 0.85391
3rd Low 0.85384

0.85738 – 0.86175 – 0.86238 – 0.85456 – 0.85635 – 0.85654 —
0.85647 – 0.85641 —
51.669092313324 – 48.474080957753 —
– —
0.85738 – 1783006200

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