EUR/GBP – 30M – BUY

The currency pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards

The bullish trend up to the next resistance level at 0.87413 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.87213 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ” indicator layout is discovered. The indicator shows ”. this is usually a bullish chart scenario. The currency pair could go up.

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Additionally a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.

Additionally a ‘%K cross above 20’ indicator layout is discovered. The indicator shows ‘%K cross above 20’. this is usually a bullish chart scenario. The currency pair could go up.

Additionally a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.87413 – 0.87535 – 0.88012 – 0.87213 – 0.87383 – 0.87367 —
0.87382 – 0.87324 —
43.953573798444 – 28.438536476458 —
– —
0.87413 – 1764901800

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