EUR/GBP – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.880965 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.88307 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.88307 – 0.88251 – 0.88396 – 0.87797 – 0.88128 – 0.87951 —
0.87938 – 0.87949 —
49.03169844164 – 52.202877381285 —
– —
0.88307 – 1763715600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – – – – – – – – –