EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) goes from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 0.87412 is expected.

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

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Furthermore a ‘Three Outside Up’ candle pattern is existing. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.87412 – 0.86935 – 0.87132 – 0.86938 – 0.86954 – 0.86724 —
0.86995 – 0.87015 —
44.220183642451 – 46.435998726372 —
– —
0.87412 – 1770652800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – Double bottom retreat down – – – – – – – –