23.12.2020
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending construction is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.
EURGBP rate online: motor the price movement in real time.
Trading idea:
Buy an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss at the local minimum (0.9068).
Target levels: 0.9215; 0.9290.
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