EURGBP analysis

EURGBP

The overall trend is upward. The round important level of 0.9000 holds back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.

EURGBP online: monitor the price movement in real time.

Trading idea:

Buy when 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 (0.9000).

Take profit 1: one-to-one ratio;

Take profit 2: 0.9215.