EUR/GBP – 1H – BUY

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

An ascending movement up to the next resistance line at 0.8636 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.86192 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.8636 – 0.86734 – 0.86748 – 0.86192 – 0.86409 – 0.86492 —
0.86353 – 0.86309 —
50.637156013087 – 45.944943522208 —
– —
0.8636 – 1770123600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – – – – – – – – –