The pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.86507 is certain.
Caution: A possible trend reversal in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Besides a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
Besides a ‘RSI Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish signal. The currency pair could go up.
Besides a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.
Besides a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish signal. The currency pair could go up.
Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86545 |
| 2nd High | 0.86516 |
| Next High | 0.86507 |
| Current Price | 0.86506 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86507 – 0.86453 – 0.86516 – 0.86404 – 0.86405 – 0.86396 —
0.86482 – 0.86468 —
56.406221516974 – 48.222908620615 —
– —
0.86507 – 1781616600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –