EUR/GBP – 30M – BUY

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

An ascent upwards to the next resistance level at 0.86657 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.86252 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.86363 – 0.86403 – 0.86657 – 0.86252 – 0.86221 – 0.86196 —
0.86324 – 0.86386 —
51.475239685625 – 60.989918925329 —
– —
0.86363 – 1777858200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – – – – – – – – –