The pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.86442 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.86243 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8651 |
| 2nd High | 0.86468 |
| Next High | 0.86442 |
| Current Price | 0.86479 |
| Next Low | 0.86243 |
| 2nd Low | 0.86185 |
| 3rd Low | 0.8614 |
0.86442 – 0.8636 – 0.86354 – 0.86243 – 0.86251 – 0.8625 —
0.86341 – 0.86457 —
55.311690729618 – 75.610696374568 —
– —
0.86442 – 1781483400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – – – – – – – – –