The EURGBP pair resumes its upward trend and is currently testing its resistance at 0.86. Technical indicators are still going with a MACD above its signal and a RSI regains height above its signal area. The Bollinger bands divergence may indicate a future acceleration of the movement. Investors will therefore attempt a bullish trade on this pair if we exceed the 0.86 levels.
Direction: Up
Entry: 0.8610 (trigger threshold)
Stop-loss: 0.8520