| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The Eurozone single currency has been moving in several uptrend and downtrend line against the British Pound since August 2017. The currency pair is currently trading is a triangle pattern.
After hitting the lower boundary of the triangle pattern late last week, bulls took control of the market, as a result, the exchange rate breached a resistance cluster formed by the weekly and the monthly PPs and the combination of the 55-,100-,-200– hour SMAs located near the 0.87 mark.
Given that the currency pair has been moving sideways for a very long time, it is expected that the EUR/GBP pair maintains its trading range during the following trading sessions.