EUR/GBP – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance level at 0.86487 is expected.

Caution: A possible change in the direction of the support level at 0.86273 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

There is also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern 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’ going up is 82%.

0.86487 – 0.86418 – 0.86476 – 0.86273 – 0.86227 – 0.86327 —
0.86407 – 0.86427 —
56.47603823454 – 56.080633412568 —
– —
0.86487 – 1778072400

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