COSMOS4U AdMACD Indicator under 34, 79, 27 parameters given by COSMOS4U technical analysis research department, generated a corrective buy signal for EURGBP spot price in H1 timeframe (10 AUG 2017 08:00 PM UTC) due to trend reversal. The previous position closed with -0.14% loss.
The buy signal is weak because the crossover has taken place above the zero line, thus determining the prevailing market trend.
The moving average MA(6) hourly volume is above the MA(34) hourly volume, so the confirmation signal, given by COSMOS4U Volume Indicator, is strong. The difference between the Bull and Bear Volumes for the last 34 hours is bullish.
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