EUR/GBP – 30M – BUY

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

A bullish trend upwards to the next resistance at 0.8661 is certain.

Caution: A possible change in the direction of the support level at 0.86531 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.

Also there is a ‘RSI Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.

Also there is a ‘MACD Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.

Also there is a ‘MACD-Hist Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.866285 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.8661 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish SBS White Lines’ candle pattern is detected. The chart forms ‘Bearish SBS White Lines’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.8661 – 0.86754 – 0.86706 – 0.86531 – 0.86583 – 0.86503 —
0.86589 – 0.86599 —
40.106272842016 – 38.12847123275 —
– —
0.8661 – 1777352400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines – – – – – – – – –