EUR/GBP – 1H – BUY

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

A bullish movement upwards to the next resistance at 0.86418 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.86227 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘RSI Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.

Also there is a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.

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

Also there is a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.86418 – 0.86476 – 0.86403 – 0.86227 – 0.86327 – 0.86166 —
0.86347 – 0.86338 —
48.428237899645 – 48.82910243663 —
– —
0.86418 – 1777971600

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