EUR/GBP currency pair analysis

The descending wave structure is truncated. Pivot 2 of the descending (blue) structure is broken. Awesome Oscillator indicates bullish divergence, and the indicator Stochastic Oscillator signals oversold.

Trading idea:

Buy on a breakout of 0.8366.

Stop-loss: 0.8338.

Target levels: 0.8400; 0.8492.