EURGBP: Is it really rising?!

EURGBP, H4

On the H4, EURGBP formed a descending channel pattern, and the price broke the upper trendline. At the same time, the lips crossed the jaw on the Alligator, and the AO indicates a rising bullish sentiment.

• We only consider buying EURGBP on consolidation above 0.8460 with targets to 0.8530 and further upside to 0.8570;