EUR/GBP – 30M – BUY

The currency pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 0.85969 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.85703 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.85894 – 0.85969 – 0.85875 – 0.85703 – 0.85567 – 0.85391

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Head and Shoulder chart pattern