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MACDdirection

Momentumdirection

Weighted M.A.direction

Tue, 22 May 2018 14:09:11 +0300
30 Minutes
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EUR/GBP

 

ENTRY 0.87864 TARGETS 0.87981 0.88040 0.88157 0.88304 STOP LOSS 0.87571

 

Scenario 1

EURGBP is currently trading between the support at 0.87571 and the resistance at 0.87864.  A forceful attempt to breach the swing level at 0.87864 will trigger a buy signal with immediate take-profit targets at 0.87981 and 0.88040.  A protective stop loss at 0.87571 is highly recommended.

Scenario 2

Should the pair manage to breach below the support at 0.87571, it will eliminate the bullish scenario, generating a sell signal.