EUR/GBP – 1H – BUY

Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.87895 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.88307 could occur.
Consider stop-loss settings accordingly.

Then a ‘Southern Doji’ candle chart pattern is discovered. The candles form ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.88307 – 0.88251 – 0.88396 – 0.87951 – 0.87975 – 0.87895 —
0.88246 – 0.87994 —
44.484518053554 – 34.314355268409 —
– —
0.88307 – 1763715600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Southern Doji – – – – – – – – –