EUR/GBP – 4H – BUY

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

A bullish trend upwards to the next resistance at 0.86779 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.86227 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

0.86476 – 0.86779 – 0.86823 – 0.86227 – 0.86166 – 0.86503 —
0.86487 – 0.86513 —
45.033604193381 – 59.65021321362 —
– —
0.86476 – 1777910400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –